Grid Metals Corp. (CVE:GRDM – Get Free Report) was up 44.4% on Saturday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 1,487,813 shares traded hands 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 Up 44.4%
The firm’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The stock has a market cap of C$13.29 million, a price-to-earnings ratio of -1.63 and a beta of 2.28. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27.
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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