Grid Metals Corp. (CVE:GRDM – Get Free Report) shot up 33.3% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 522,900 shares traded hands during trading, an increase of 139% from the average session volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Stock Performance
The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17. The company has a market capitalization of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28.
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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