Grid Metals Corp. (CVE:GRDM – Get Free Report) shares were up 20.7% during mid-day trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 879,200 shares traded hands during mid-day 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 Performance
The firm’s fifty day moving average is C$0.14 and its 200-day moving average is C$0.08. The company has a current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17. The stock has a market capitalization of C$35.77 million, a PE ratio of -17.50 and a beta of 1.38.
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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