Grid Metals (CVE:GRDM) Trading Up 20.8% – Still a Buy?

Shares of Grid Metals Corp. (CVE:GRDMGet Free Report) were up 20.8% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 567,427 shares were traded during mid-day 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 Trading Up 20.8%

The company has a market capitalization of C$29.64 million, a PE ratio of -14.50 and a beta of 1.38. The company has a 50 day simple moving average of C$0.13 and a 200 day simple moving average of C$0.08. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44.

Grid Metals Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Grid Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grid Metals and related companies with MarketBeat.com's FREE daily email newsletter.