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flag Granada Gold Mine shares surged 23% to C$0.08 on heavy volume, but the cause was unexplained.

flag Granada Gold Mine (CVE:GGM) shares jumped 23.1% on Friday, closing at C$0.08 after surging to a high of C$0.08, with trading volume reaching 541,321 shares—156% above its average. flag The company, based in Coquitlam, Canada, owns a 100% interest in the Granada gold property in Quebec. flag Despite a market cap of C$12.38 million and a volatile beta of 3.62, the reason for the price rise was not specified.

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