Grid Metals Corp. (CVE:GRDM – Get Free Report) shares rose 20.8% on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 567,427 shares traded hands during trading, an increase of 233% from the average daily volume of 170,547 shares. The stock had previously closed at C$0.12.
Grid Metals Stock Performance
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 company has a market capitalization of C$27.59 million, a P/E ratio of -13.50 and a beta of 1.38. The business’s fifty day simple moving average is C$0.13 and its 200-day simple 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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