Granada Stock Today

GGM Stock  CAD 0.03  0.00  0.00%   
Market Performance
4 of 100
Odds Of Distress
Over 79
Granada Gold is selling for under 0.03 as of the 29th of January 2023; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.03. Granada Gold has a very high 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 3rd of July 2022 and ending today, the 29th of January 2023. Click here to learn more.
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 150.54 M outstanding shares of which 16.96 K shares are currently shorted by private and institutional investors with about 0.32 days to cover all short positions. More on Granada Gold Mine
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Granada Gold 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.
ChairmanFrank Basa
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Granada Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Granada Gold Mine (GGM) is traded on TSX Venture Exchange in Canada and employs 10 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.52 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 Basic Materials sector and is part of Gold industry. The entity has 150.54 M outstanding shares of which 16.96 K shares are currently shorted by private and institutional investors with about 0.32 days to cover all short positions. Granada Gold Mine has accumulated about 8.51 K in cash with (1.82 M) of positive cash flow from operations.
Check Granada Gold Probability Of Bankruptcy
Ownership
Granada Gold secures a total of 150.54 Million outstanding shares. Roughly 98.0 (percent) of Granada Gold outstanding shares are held by regular investors with 1.866 % owned by insiders and only 0.0 pct. by outside corporations. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Granada Ownership Details

Granada Gold Mine Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Granada Gold market risk premium is the additional return an investor will receive from holding Granada Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Granada Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. 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

Picking the right benchmark for Granada Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Granada Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Granada Gold is critical whether you are bullish or bearish towards Granada Gold Mine at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Granada Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Search Now

   

Equity Search

Search for actively traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

Granada Gold Corporate Directors

Granada Gold corporate directors refer to members of a Granada Gold board of directors. The board of directors generally takes responsibility for the Granada Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Granada Gold's board members must vote for the resolution. The Granada Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Invested in Granada Gold Mine?

The danger of trading Granada Gold Mine is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Granada Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Granada Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Granada Gold Mine is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for analysis

When running Granada Gold Mine 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 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.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bond Directory
Find actively traded corporate debentures issued by US companies
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Please note, there is a significant difference between Granada Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine Granada Gold value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granada Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.