Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price shot up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 522,900 shares were traded during trading, an increase of 139% from the average session volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Price Performance
The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44. The company has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The firm has a market capitalization of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28.
About Grid Metals
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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