Granada Gold Mine Inc. (CVE:GGM – Get Free Report)’s share price dropped 18.2% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 519,228 shares traded hands during trading, an increase of 81% from the average daily volume of 287,072 shares. The stock had previously closed at C$0.06.
Granada Gold Mine Stock Performance
The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The stock has a market capitalization of C$10.23 million, a price-to-earnings ratio of -3.75 and a beta of 2.85.
Granada Gold Mine Company Profile
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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