Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price rose 44.4% during mid-day trading on Saturday . The stock 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 fifty day moving average is C$0.04 and its 200-day moving average is C$0.04. The company has a market capitalization of C$13.29 million, a PE 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.
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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