Grid Metals Corp. (CVE:GRDM – Get Free Report) shares rose 44.4% during mid-day trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 1,487,813 shares were traded during mid-day trading, an increase of 1,084% from the average daily volume of 125,656 shares. The stock had previously closed at C$0.05.
Grid Metals Stock Up 44.4%
The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$13.29 million, a PE ratio of -1.63 and a beta of 2.28. The company has a current ratio of 1.44, a quick ratio of 6.27 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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