Granada Gold Mine Stock Price on March 2, 2023

GGM Stock  CAD 0.03  0.01  16.67%   
Below is the normalized historical share price chart for Granada Gold Mine extending back to December 09, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Granada Gold stands at 0.03, as last reported on the 30th of November, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day.
200 Day MA
0.0322
50 Day MA
0.0358
Beta
2.555
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Granada Stock, it is important to understand the factors that can impact its price. Granada Gold is out of control given 3 months investment horizon. Granada Gold Mine holds Efficiency (Sharpe) Ratio of 0.0844, which attests that the entity had a 0.0844% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Granada Gold Mine market risk adjusted performance of (1.08), and Risk Adjusted Performance of 0.0394 to evaluate company specific risk that cannot be diversified away.
  
Common Stock Shares Outstanding is likely to climb to about 181.8 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (8.9 M). . Price Earnings To Growth Ratio is likely to climb to 0.07 in 2024, whereas Price Earnings Ratio is likely to drop (2.15) in 2024. Granada Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0844

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Estimated Market Risk

 12.34
  actual daily
96
96% of assets are less volatile

Expected Return

 1.04
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Granada Gold is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Granada Gold by adding it to a well-diversified portfolio.
Book Value
(0.08)
Enterprise Value
5.4 M
Enterprise Value Ebitda
(2.79)
Shares Float
158 M
Shares Outstanding
164.6 M

Granada Gold Main Headline on 2nd of March 2023

Corrected Version of March 2, 2023 News Release Granada Retracts Its Rubidium Resource Marketscreener.com

Granada Gold Valuation on March 2, 2023

It is possible to determine the worth of Granada Gold on a given historical date. On March 2, 2023 Granada was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Granada Gold stock. Still, in general, we apply an absolute valuation method to find Granada Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Granada Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Granada Gold's related companies.
 Open High Low Close Volume
  0.03    0.03    0.03    0.03    1.00  
03/02/2023
  0.03    0.03    0.03    0.03    140,851  
  0.03    0.03    0.03    0.03    1.00  
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Open Value
0.03
0.0003
Downside
0.03
Closing Value
37.04
Upside

Granada Gold Trading Date Momentum on March 2, 2023

On March 03 2023 Granada Gold Mine was traded for  0.03  at the closing time. The highest daily price throughout the period was 0.03  and the lowest price was  0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 03/03/2023 did not cause price change. The overall trading delta to current closing price is 0.00% .

Granada Gold Mine Fundamentals Correlations and Trends

By evaluating Granada Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Granada Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Granada financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Granada Gold Stock history

Granada Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Granada is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Granada Gold Mine will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Granada Gold stock prices may prove useful in developing a viable investing in Granada Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding173.1 M181.8 M
Net Loss-3.7 M-3.9 M

Granada Gold Stock Technical Analysis

Granada Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Granada Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Granada Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Granada Gold Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Granada Gold Mine cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Granada Gold November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Granada Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granada Gold shares will generate the highest return on investment. By undertsting and applying Granada Gold stock market strength indicators, traders can identify Granada Gold Mine entry and exit signals to maximize returns

Granada Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Granada Gold's price direction in advance. Along with the technical and fundamental analysis of Granada Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Granada to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Granada Stock Analysis

When running Granada Gold's price analysis, check to measure Granada Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granada Gold is operating at the current time. Most of Granada Gold's value examination focuses on studying past and present price action to predict the probability of Granada Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granada Gold's price. Additionally, you may evaluate how the addition of Granada Gold to your portfolios can decrease your overall portfolio volatility.