Granada Gold Mine Inc.

Granada Gold Mine Inc.verified

GGM.V

Price:

$0.025

Market Cap:

$3.97M

Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds 100% interest in the Granada property, which comprises 2 mining leases and 50 mining claims covering an area of 1,474 hectares located in Rouyn-Noranda, Quebec. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc. in January 2017. The company was incorporated in 1985 and is headquartered in Coquitlam, Canada.[Read more]

Industry

Gold

IPO Date

2010-01-04

Stock Exchange

TSXV

Ticker

GGM.V

The ROE as of September 2024 (TTM) for Granada Gold Mine Inc. (GGM.V) is 17.63%

According to Granada Gold Mine Inc.’s latest financial reports and current stock price. The company's current ROE is 17.63%. This represents a change of 296.85% compared to the average of 4.44% of the last 4 quarters.

Granada Gold Mine Inc. (GGM.V) Historical ROE (quarterly & annually)

How has GGM.V ROE performed in the past?

The mean historical ROE of Granada Gold Mine Inc. over the last ten years is 75.52%. The current 17.63% ROE has changed -76.65% with respect to the historical average. Over the past ten years (40 quarters), GGM.V's ROE was at its highest in in the June 2014 quarter at 119.89%. The ROE was at its lowest in in the December 2017 quarter at -301.33%.

Quarterly (TTM)
Annual

Average

75.52%

Median

69.23%

Minimum

15.58%

Maximum

201.80%

Granada Gold Mine Inc. (GGM.V) ROE by Quarter and Year

Discovering the peaks and valleys of Granada Gold Mine Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 373.14%

Maximum Annual ROE = 201.80%

Minimum Annual Increase = -202.86%

Minimum Annual ROE = 15.58%

Quarterly (TTM)
Annual
YearROEChange
202327.56%-48.71%
202253.73%-17.03%
202164.76%27.06%
202050.97%-30.85%
201973.71%373.14%
201815.58%-78.93%
201773.93%-24.86%
201698.39%3.83%
201594.76%-53.04%
2014201.80%-202.86%

Granada Gold Mine Inc. (GGM.V) Average ROE

How has GGM.V ROE performed in the past?

The current ROE of Granada Gold Mine Inc. (GGM.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

48.68%

5-year avg

54.14%

10-year avg

75.52%

Granada Gold Mine Inc. (GGM.V) ROE vs. Peers

How is GGM.V’s ROE compared to its peers?

Granada Gold Mine Inc.’s ROE is greater than Triumph Gold Corp. (-28.85%), less than Monarca Minerals Inc. (21.67%), greater than CANEX Metals Inc. (-6.27%), greater than Gungnir Resources Inc. (-9.67%), greater than Inventus Mining Corp. (-216.31%),

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