Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price traded up 20.7% on Thursday . The company traded as high as C$0.19 and last traded at C$0.18. 879,200 shares were traded 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 Stock Performance
The stock has a market cap of C$31.68 million, a price-to-earnings ratio of -15.50 and a beta of 1.38. The company’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is 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.
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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