Grid Metals Corp. (CVE:GRDM – Get Free Report) shot up 44.4% on Saturday . The stock traded as high as C$0.08 and last traded at C$0.07. 1,487,813 shares were traded during 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 Stock Up 44.4%
The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27. The business has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.04. The firm has a market capitalization of C$13.29 million, a P/E ratio of -1.63 and a beta of 2.28.
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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