Grid Metals Corp. (CVE:GRDM – Get Free Report) shares shot up 44.4% on Saturday . The company traded as high as C$0.08 and last traded at C$0.07. 1,487,813 shares traded hands during mid-day trading, an increase of 1,084% from the average session volume of 125,656 shares. The stock had previously closed at C$0.05.
Grid Metals Trading Up 44.4%
The firm has a market cap of C$13.29 million, a price-to-earnings ratio of -1.63 and a beta of 2.28. 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 business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04.
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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