Grid Metals Corp. (CVE:GRDM – Get Free Report) was up 20.8% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 567,427 shares traded hands during trading, an increase of 233% from the average daily volume of 170,547 shares. The stock had previously closed at C$0.12.
Grid Metals Trading Up 3.4%
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 business has a 50 day moving average price of C$0.13 and a 200-day moving average price of C$0.08. The firm has a market capitalization of C$30.66 million, a PE ratio of -15.00 and a beta of 1.38.
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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