Grid Metals (CVE:GRDM) Reaches New 12-Month High – Still a Buy?

Grid Metals Corp. (CVE:GRDMGet Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.15, with a volume of 143889 shares traded. The stock had previously closed at C$0.15.

Grid Metals Stock Down 3.3%

The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44. The firm has a market cap of C$29.64 million, a price-to-earnings ratio of -14.50 and a beta of 0.96. The business’s 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.06.

About Grid Metals

(Get Free Report)

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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