Grid Metals Corp. (CVE:GRDM – Get Free Report) shares were 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 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 company 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 quick ratio of 6.27 and a current ratio of 1.44. The firm has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of 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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