Grid Metals (CVE:GRDM) Stock Price Up 44.4% – What’s Next?

Grid Metals Corp. (CVE:GRDMGet Free Report)’s share price rose 44.4% during 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 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 Performance

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 debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44. The company has a market cap of C$13.29 million, a PE ratio of -1.63 and a beta of 2.28.

Grid Metals Company Profile

(Get Free Report)

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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