Grid Metals Corp. (CVE:GRDM – Get Free Report) shares were down 14.3% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 101,000 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 233,765 shares. The stock had previously closed at C$0.04.
Grid Metals Stock Performance
The firm’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market capitalization of C$6.13 million, a price-to-earnings ratio of -0.75 and a beta of 2.28. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27.
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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