Grid Metals Corp. (CVE:GRDM – Get Free Report) shares hit a new 52-week high on Thursday. The stock traded as high as C$0.23 and last traded at C$0.21, with a volume of 502549 shares. The stock had previously closed at C$0.19.
Grid Metals Stock Performance
The stock has a market cap of C$50.10 million, a PE ratio of -10.75 and a beta of -0.06. The stock has a fifty day moving average of C$0.15 and a 200-day moving average of C$0.13. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.
About Grid Metals
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. Its properties also include the Makwa Mayville Ni-Cu-PGM-Co property located to northeast of Winnipeg, Manitoba; Donner Lake Lithium property located in southeastern Manitoba; and the Campus Creek Lithium property located in northwestern Ontario.
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