Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price traded up 28.6% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 643,500 shares changed hands during mid-day trading, an increase of 468% from the average session volume of 113,385 shares. The stock had previously closed at C$0.04.
Grid Metals Stock Up 44.4%
The stock has a market cap of C$13.29 million, a price-to-earnings ratio of -1.63 and a beta of 2.28. The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27.
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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