Grid Metals Corp. (CVE:GRDM – Get Free Report) shares were up 44.4% during mid-day trading on Saturday . The company 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 Trading 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 firm has a market capitalization of C$13.29 million, a PE ratio of -1.63 and a beta of 2.28. The business’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04.
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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