Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price traded up 33.3% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 522,900 shares traded hands during trading, an increase of 139% from the average session volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Stock Performance
The company’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17. The company has a market capitalization of C$8.18 million, a price-to-earnings ratio of -1.00 and a beta of 2.28.
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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