Grid Metals Corp. (OTCMKTS:MSMGF – Get Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 46,771 shares, a growth of 336.5% from the July 30th total of 10,716 shares. Based on an average daily volume of 260,207 shares, the days-to-cover ratio is currently 0.2 days.
Grid Metals Trading Down 0.3%
MSMGF traded down $0.00 during midday trading on Thursday, reaching $0.11. 25,000 shares of the company’s stock traded hands, compared to its average volume of 140,298. Grid Metals has a 52 week low of $0.05 and a 52 week high of $0.13. The firm has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.09.
About Grid Metals
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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