Grid Metals Corp. (OTCMKTS:MSMGF – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 4,323 shares, a drop of 93.4% from the April 30th total of 65,380 shares. Based on an average daily trading volume, of 301,453 shares, the days-to-cover ratio is presently 0.0 days.
Grid Metals Stock Performance
OTCMKTS:MSMGF traded up $0.00 during midday trading on Wednesday, reaching $0.09. The stock had a trading volume of 30,000 shares, compared to its average volume of 159,128. Grid Metals has a 1-year low of $0.03 and a 1-year high of $0.13. The firm’s fifty day simple moving average is $0.09 and its 200-day simple moving average is $0.10.
Grid Metals Company Profile
Grid Metals Corp (OTCMKTS: MSMGF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic battery‐metal properties within the Canadian Shield. The company’s primary targets include nickel, cobalt, copper and platinum‐group elements (PGEs), reflecting growing global demand for metals critical to renewable energy, electric vehicle and clean‐energy infrastructure applications.
Grid Metals holds a portfolio of exploration properties in Manitoba and Ontario.
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