Grid Metals Corp. (CVE:GRDM – Get Free Report) was up 20.7% during mid-day trading on Friday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 879,200 shares changed hands during trading, an increase of 403% from the average daily volume of 174,835 shares. The stock had previously closed at C$0.15.
Grid Metals Stock Up 20.7%
The firm has a market capitalization of C$35.77 million, a price-to-earnings 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. The business’s 50 day moving average is C$0.14 and its 200-day moving average is C$0.08.
Grid Metals Company Profile
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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