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

Shares of Granada Gold Mine Inc. (CVE:GGMGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.04, with a volume of 20500 shares. The stock had previously closed at C$0.04.

Granada Gold Mine Price Performance

The firm’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The firm has a market cap of C$6.35 million, a P/E 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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