Granada Gold Mine (CVE:GGM) Sets New 12-Month Low – Time to Sell?

Granada Gold Mine Inc. (CVE:GGM – Get Free Report) shares hit a new 52-week low on Friday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 21,753 shares traded. The stock had previously closed at C$0.04.

Granada Gold Mine Trading Down 14.3%

The business has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market cap of C$6.82 million, a PE ratio of -2.50 and a beta of 2.54.

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. 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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