Grid Metals Corp. (OTCMKTS:MSMGF – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 110,204 shares, an increase of 374.8% from the August 31st total of 23,212 shares. Based on an average daily trading volume, of 157,963 shares, the days-to-cover ratio is presently 0.7 days.
Grid Metals Stock Performance
MSMGF opened at $0.10 on Friday. The firm has a 50-day moving average price of $0.10 and a two-hundred day moving average price of $0.09. Grid Metals has a 1-year low of $0.06 and a 1-year high of $0.13.
Grid Metals Company Profile
Grid Metals Corp. is a Canadian mineral exploration and development company focused on battery and critical metals. The company’s activities are centered primarily in Manitoba, where it evaluates mineral properties containing lithium, nickel, copper, cobalt and platinum-group elements.
Grid Metals’ principal projects include the Donner Lake Lithium Project and the Makwa-Mayville property. Donner Lake is being advanced as a lithium exploration and development project, while Makwa-Mayville is prospective for nickel, copper, cobalt and platinum-group metals.
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