Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price was up 28.6% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 643,500 shares traded hands during trading, an increase of 468% from the average daily volume of 113,385 shares. The stock had previously closed at C$0.04.
Grid Metals Price Performance
The firm has a market capitalization of C$13.29 million, a price-to-earnings ratio of -1.63 and a beta of 2.28. The company’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.
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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