Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Granada Gold Mine Inc. is a Canadian enterprise specializing in natural resources, dedicated to identifying, acquiring, and developing mineral properties, with a specific focus on discovering gold deposits. The company boasts full ownership of its flagship asset, the Granada property, a substantial area spanning 1,474 hectares situated in Rouyn-Noranda, Quebec. This property encompasses two mining leases and fifty individual mining claims. Established in 1985, the organization was previously known as Gold Bullion Development Corp. before adopting its current name, Granada Gold Mine Inc., in January 2017. Its principal administrative office is located in Coquitlam, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.