Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price shot up 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.14. 548,927 shares changed hands during trading, an increase of 222% from the average session volume of 170,281 shares. The stock had previously closed at C$0.12.
Grid Metals Stock Performance
The stock has a market capitalization of C$28.62 million, a P/E ratio of -14.00 and a beta of 1.38. The stock’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.08. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27.
Grid Metals Company Profile
Grid Metals Corp. engages in the exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium property that consists of unpatented mining claims located in Ontario.
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