Granada Gold Mine (CVE:GGM) Reaches New 1-Year High – Should You Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 278000 shares trading hands. The stock had previously closed at C$0.04.

Granada Gold Mine Stock Up 25.0 %

The stock has a market cap of C$7.94 million, a P/E ratio of -4.00 and a beta of 2.55. The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

About Granada Gold Mine

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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.

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