Grid Metals Corp. (CVE:GRDM – Get Free Report) shares rose 26.7% on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 996,181 shares were traded during trading, an increase of 580% from the average daily volume of 146,444 shares. The stock had previously closed at C$0.08.
Grid Metals Stock Performance
The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.05. The stock has a market capitalization of C$18.40 million, a PE ratio of -9.00 and a beta of 0.96. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44.
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.
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