Grid Metals Corp. (CVE:GRDM – Get Free Report) shares shot up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 522,900 shares changed hands during mid-day 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 Price Performance
The company has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The stock has a market cap of C$8.18 million, a price-to-earnings ratio of -1.00 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.
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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