Grid Metals (CVE:GRDM) Trading 20.7% Higher – Here’s What Happened

Grid Metals Corp. (CVE:GRDMGet Free Report)’s share price traded up 20.7% on Friday . The company traded as high as C$0.19 and last traded at C$0.18. 879,200 shares traded hands during mid-day trading, an increase of 403% from the average session volume of 174,835 shares. The stock had previously closed at C$0.15.

Grid Metals Trading Up 20.7%

The company has a 50 day moving average of C$0.14 and a two-hundred day moving average of 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. 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

(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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