Grid Metals (CVE:GRDM) Trading 20.7% Higher – Still a Buy?

Grid Metals Corp. (CVE:GRDMGet Free Report) shares were up 20.7% during trading on Friday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 879,200 shares changed hands during trading, an increase of 403% from the average daily volume of 174,835 shares. The stock had previously closed at C$0.15.

Grid Metals Trading Down 11.4%

The stock has a fifty day simple moving average of C$0.14 and a 200 day simple moving average of C$0.08. 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 market cap of C$31.68 million, a P/E ratio of -15.50 and a beta of 1.38.

Grid Metals Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Grid Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grid Metals and related companies with MarketBeat.com's FREE daily email newsletter.