Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) rose 33.3% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares changed hands during mid-day trading, an increase of 139% from the average daily volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Price Performance
The stock has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The stock has a market cap of C$8.18 million, a price-to-earnings ratio of -1.00 and a beta of 2.28. 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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