Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price rose 20.8% during mid-day trading on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 567,427 shares changed hands during mid-day trading, an increase of 233% from the average daily volume of 170,547 shares. The stock had previously closed at C$0.12.
Grid Metals Stock Up 20.8%
The firm has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.08. 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 firm has a market cap of C$29.64 million, a P/E ratio of -14.50 and a beta of 1.38.
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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