Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) shot up 20.7% on Thursday . The company traded as high as C$0.19 and last traded at C$0.18. 879,200 shares traded hands during trading, an increase of 403% from the average session volume of 174,835 shares. The stock had previously closed at C$0.15.
Grid Metals Trading Down 11.4%
The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27. The firm has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.08. The firm has a market cap of C$31.68 million, a P/E ratio of -15.50 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.
Featured Articles
- Five stocks we like better than Grid Metals
- Technology Stocks Explained: Here’s What to Know About Tech
- MP Materials Stock Soared After Earnings—Here’s the Real Reason
- How to Find Undervalued Stocks
- Why Palantir Slide May Be a Setup for a Long-Term Opportunity
- Large Cap Stock Definition and How to Invest
- Attention Income Investors: This REIT Is on Sale
Receive News & Ratings for Grid Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grid Metals and related companies with MarketBeat.com's FREE daily email newsletter.
