Granada Gold Mine (CVE:GGM) Reaches New 12-Month High – Should You Buy?

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

Granada Gold Mine Stock Up 12.5 %

The company’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The firm has a market capitalization of C$7.15 million, a price-to-earnings ratio of -4.50 and a beta of 2.55.

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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