Grid Metals Corp. (CVE:GRDM – Get Free Report) was up 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 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 Price Performance
The firm’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 current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17. The stock has a market capitalization of C$13.29 million, a PE 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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