Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price shot up 28.6% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 643,500 shares changed hands during trading, an increase of 468% from the average session volume of 113,385 shares. The stock had previously closed at C$0.04.
Grid Metals Stock Performance
The firm’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04. The stock has a market cap of C$9.20 million, a PE ratio of -1.13 and a beta of 2.28. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44.
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.
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