Grid Metals (CVE:GRDM) Trading 20.7% Higher – What’s Next?

Grid Metals Corp. (CVE:GRDMGet Free Report)’s stock price traded up 20.7% on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18. 871,700 shares traded hands during trading, an increase of 399% from the average session volume of 174,785 shares. The stock had previously closed at C$0.15.

Grid Metals Stock Performance

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 firm’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is C$0.08. The stock has a market capitalization of C$35.77 million, a PE ratio of -17.50 and a beta of 1.38.

Grid Metals Company Profile

(Get Free Report)

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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