Grid Metals (CVE:GRDM) Hits New 12-Month Low at $0.06

Grid Metals Corp. (CVE:GRDMGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 55946 shares. The stock had previously closed at C$0.07.

Grid Metals Stock Performance

The company has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.10. The company has a quick ratio of 6.27, a current ratio of 10.90 and a debt-to-equity ratio of 1.55. The firm has a market capitalization of C$14.26 million, a PE ratio of -1.17 and a beta of 2.42.

Grid Metals Company Profile

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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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