Granada Gold Mine Inc. (CVE:GGM – Get Free Report) fell 20% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 6,100,241 shares traded hands during mid-day trading, an increase of 1,785% from the average daily volume of 323,657 shares. The stock had previously closed at C$0.04.
Granada Gold Mine Price Performance
The firm’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05. The firm has a market cap of C$7.27 million, a price-to-earnings ratio of -2.67 and a beta of 2.39.
About Granada Gold Mine
Granada Gold Mine Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds a 100% interest in the Granada gold property, which owns 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc in January 2017. The company was incorporated in 1985 and is headquartered in Coquitlam, Canada.
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