Granada Gold Mine (CVE:GGM) Hits New 1-Year High – Time to Buy?

Shares of Granada Gold Mine Inc. (CVE:GGMGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.04, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.04.

Granada Gold Mine Stock Performance

The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The firm has a market capitalization of C$6.35 million, a PE ratio of -4.00 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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