Grid Metals Corp. (CVE:GRDM – Get Free Report) traded up 17.9% during trading on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. 393,205 shares changed hands during trading, an increase of 121% from the average session volume of 177,533 shares. The stock had previously closed at C$0.14.
Grid Metals Price Performance
The stock has a fifty day moving average of C$0.14 and a two-hundred day moving average of C$0.09. The company has a current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17. The stock has a market capitalization of C$32.63 million, a price-to-earnings ratio of -14.00 and a beta of 1.52.
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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