Grid Metals Corp. (CVE:GRDM – Get Free Report) shot up 28.6% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 643,500 shares were traded during 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 Price Performance
The stock has a market cap of C$13.29 million, a P/E ratio of -1.63 and a beta of 2.28. The company’s 50 day moving average price is C$0.04 and its 200-day moving average price 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.
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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