Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price reached a new 52-week high on Wednesday. The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 76,501 shares trading hands. The stock had previously closed at C$0.22.
Grid Metals Price Performance
The company has a market capitalization of C$51.27 million, a PE ratio of -11.00 and a beta of -0.06. The company has a current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17. The stock has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.14.
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. Its properties also include the Makwa Mayville Ni-Cu-PGM-Co property located to northeast of Winnipeg, Manitoba; Donner Lake Lithium property located in southeastern Manitoba; and the Campus Creek Lithium property located in northwestern Ontario.
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