Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price fell 23.5% on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 434,550 shares traded hands during trading, an increase of 210% from the average session volume of 140,070 shares. The stock had previously closed at C$0.09.
Grid Metals Stock Performance
The firm has a market capitalization of C$13.29 million, a price-to-earnings ratio of -1.63 and a beta of 2.28. The company has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44.
Grid Metals Company Profile
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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