Grid Metals (CVE:GRDM) Stock Price Up 20.7% – Time to Buy?

Grid Metals Corp. (CVE:GRDMGet Free Report)’s stock price traded up 20.7% during trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18. 879,200 shares changed hands during trading, an increase of 403% from the average session volume of 174,835 shares. The stock had previously closed at C$0.15.

Grid Metals Price Performance

The firm has a market capitalization of C$31.68 million, a price-to-earnings ratio of -15.50 and a beta of 1.38. 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 business has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.08.

About Grid Metals

(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.

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