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Granada Gold Mine shares surged 22% on heavy volume with no official explanation.
Granada Gold Mine (CVE:GGM) shares jumped 22.2% on Friday, closing at C$0.06 on increased trading volume of 290,367 shares, a 28% rise above average.
The company, with a C$8.26 million market cap, owns the Granada gold property in Quebec.
Technical indicators show high volatility, with a beta of 3.70, and a negative P/E ratio of -5.00, indicating no current earnings.
No specific corporate announcement was cited for the price surge.
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Las acciones de Granada Gold Mine subieron un 22% por un gran volumen sin ninguna explicación oficial.