Grid Metals Corp. (CVE:GRDM – Get Free Report) shares traded down 23.5% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 434,550 shares changed 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 company has a market cap of C$13.29 million, a PE ratio of -1.63 and a beta of 2.28. The company has a current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17. The business’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04.
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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