Granada Gold Mine Inc. (CVE:GGM – Get Free Report) dropped 18.2% during mid-day trading on Saturday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 128,430 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 226,762 shares. The stock had previously closed at C$0.06.
Granada Gold Mine Price Performance
The company’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.03. The company has a market capitalization of C$7.43 million, a price-to-earnings ratio of -4.50 and a beta of 3.70.
About Granada Gold Mine
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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