Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) rose 33.3% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares were traded during trading, an increase of 139% from the average daily volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Stock Up 33.3 %
The firm has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$8.18 million, a P/E ratio of -1.00 and a beta of 2.28. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.
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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