Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price shot up 13.8% during mid-day trading on Thursday . The company traded as high as C$0.19 and last traded at C$0.17. 869,700 shares were traded during mid-day trading, an increase of 398% from the average session volume of 174,785 shares. The stock had previously closed at C$0.15.
Grid Metals Stock Performance
The stock has a market capitalization of C$31.68 million, a P/E ratio of -15.50 and a beta of 1.38. The company has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.08. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27.
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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