Grid Metals Corp. (OTCMKTS:MSMGF – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 46,771 shares, an increase of 336.5% from the July 30th total of 10,716 shares. Based on an average trading volume of 260,207 shares, the days-to-cover ratio is presently 0.2 days.
Grid Metals Stock Up 0.6%
MSMGF stock traded up $0.00 during midday trading on Wednesday, hitting $0.11. The stock had a trading volume of 50,000 shares, compared to its average volume of 139,664. The company’s 50-day moving average price is $0.09 and its 200 day moving average price is $0.09. Grid Metals has a 12-month low of $0.05 and a 12-month high of $0.13.
Grid Metals Company Profile
Grid Metals Corp (OTCMKTS: MSMGF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic battery‐metal properties within the Canadian Shield. The company’s primary targets include nickel, cobalt, copper and platinum‐group elements (PGEs), reflecting growing global demand for metals critical to renewable energy, electric vehicle and clean‐energy infrastructure applications.
Grid Metals holds a portfolio of exploration properties in Manitoba and Ontario.
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