Grid Metals Corp. (CVE:GRDM – Get Free Report) was up 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 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 Performance
The firm 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 current ratio of 1.44 and a quick ratio of 6.27. The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average 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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