Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price shot up 20.8% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. 567,427 shares changed hands during mid-day trading, an increase of 233% from the average session volume of 170,547 shares. The stock had previously closed at C$0.12.
Grid Metals Price Performance
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 company’s fifty day moving average price is C$0.13 and its 200 day moving average price is C$0.08. The firm has a market capitalization of C$28.62 million, a price-to-earnings ratio of -14.00 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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