Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price was up 33.3% during mid-day trading on Tuesday . 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 Trading Up 33.3 %
The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company 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.
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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