Company Description
Granada Gold Mine Inc. explores and develops the Granada Gold Property, a gold project near Rouyn-Noranda, Quebec. The company is an operating mineral exploration and development issuer associated with the OTC Pink symbol GBBFF, the TSX Venture Exchange symbol GGM, and the Frankfurt Stock Exchange symbol B6DA. Its business is centered on advancing a 100% owned gold property in the Abitibi region, near the Cadillac Break.
The Granada Gold Property consists of mining leases and claims covering 14.73 square kilometers, according to company materials. Granada Gold Mine's work is focused on defining and evaluating gold mineralization at the project through drilling, technical studies, and mineral-processing analysis. The company's project-stage activities include exploration drilling and assessment of processing methods that may affect how mineralized material is upgraded before milling.
Granada has reported independent ore-sorting test work on open-pit mineralization from the Granada deposit. That program used x-ray transmission sorting and laser sorting to evaluate whether mineralized material could be upgraded before conventional processing. Such technical work fits the company's broader development model as a junior mining issuer: it does not operate a diversified production portfolio, but instead focuses capital and technical work on exploration, resource evaluation, and development planning for a single principal gold property.
The company's operating context is tied to Quebec mining exploration, gold mineralization, project engineering, drilling data, and metallurgy. Its public updates primarily describe the Granada Gold Property, land position, testing programs, and technical evaluation of the deposit rather than a broad portfolio of mines or mineral commodities.
Stock Performance
Granada Gold Mine (GBBFF) stock last traded at $0.0358, up 0.84% from the previous close. Over the past 12 months, the stock has gained 101.7%. At a market capitalization of $8.1M, GBBFF is classified as a micro-cap stock with approximately 227.3M shares outstanding.
Latest News
Granada Gold Mine has 3 recent news articles, with the latest published 7 days ago. Of the recent coverage, 1 article coincided with positive price movement and 1 with negative movement. View all GBBFF news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Granada Gold Mine (GBBFF) currently stands at 170.2 thousand shares, down 11.1% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has increased by 3304%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Granada Gold Mine (GBBFF) currently stands at 1.0 days, down 61.4% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 106.3 days.
GBBFF Company Profile & Sector Positioning
Granada Gold Mine (GBBFF) operates in the Gold industry within the broader Basic Materials sector and is listed on the OTC Link.