Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) were down 18.2% during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 519,228 shares changed 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 Price Performance
The stock has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The firm has a market capitalization of C$11.36 million, a price-to-earnings ratio of -4.17 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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