Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price traded up 20.7% during mid-day trading on Friday . The company traded as high as C$0.19 and last traded at C$0.18. 879,200 shares changed hands during trading, an increase of 403% from the average session volume of 174,835 shares. The stock had previously closed at C$0.15.
Grid Metals Price Performance
The stock’s 50-day moving average price is C$0.14 and its 200 day moving average price is C$0.08. The firm has a market capitalization of C$31.68 million, a price-to-earnings ratio of -15.50 and a beta of 1.38. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.
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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