Granada Gold Mine Stock Today

GGM Stock  CAD 0.03  0.00  0.00%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 69

 
High
 
Low
Quite High
Granada Gold is selling for under 0.03 as of the 31st of August 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.03. Granada Gold has more than 69 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Granada Gold Mine are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2024 and ending today, the 31st of August 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. Granada Gold Mine Inc. was founded in 1985 and is headquartered in Coquitlam, Canada. GRANADA GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 158.83 M outstanding shares of which 12.18 K shares are currently shorted by private and institutional investors with about 0.16 days to cover all short positions. More on Granada Gold Mine

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Granada Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Granada Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Granada Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman PresidentFrank PEng
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Granada Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Granada Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Granada Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Granada Gold's financial leverage. It provides some insight into what part of Granada Gold's total assets is financed by creditors.
Liquidity
Granada Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Granada Gold Mine has accumulated 1.28 M in total debt. Granada Gold Mine has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Granada Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Granada Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Granada Gold Mine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Granada to invest in growth at high rates of return. When we think about Granada Gold's use of debt, we should always consider it together with cash and equity.

Net Income

(2.72 Million)
Granada Gold Mine (GGM) is traded on TSX Venture Exchange in Canada and employs 3 people. Granada Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Granada Gold's market, we take the total number of its shares issued and multiply it by Granada Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Granada Gold Mine classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 158.83 M outstanding shares of which 12.18 K shares are currently shorted by private and institutional investors with about 0.16 days to cover all short positions. Granada Gold Mine has accumulated about 8.51 K in cash with (122.75 K) of positive cash flow from operations.
Check Granada Gold Probability Of Bankruptcy
Ownership Allocation
Granada Gold Mine has a total of 158.83 Million outstanding shares. Roughly 97.97 (percent) of Granada Gold outstanding shares are held by general public with 2.03 % owned by insiders and only 0.0 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Granada Ownership Details

Granada Gold Mine Risk Profiles

Although Granada Gold's alpha and beta are two of the key measurements used to evaluate Granada Gold's performance over the market, the standard measures of volatility play an important role as well.

Granada Stock Against Markets

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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.