Grid Metals Corp. (OTCMKTS:MSMGF – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 23,212 shares, a drop of 50.4% from the August 15th total of 46,771 shares. Based on an average daily trading volume, of 169,584 shares, the short-interest ratio is currently 0.1 days.
Grid Metals Price Performance
Shares of MSMGF stock traded down $0.00 on Wednesday, hitting $0.11. The stock had a trading volume of 16,988 shares, compared to its average volume of 136,012. Grid Metals has a 1 year low of $0.06 and a 1 year high of $0.13. The company’s 50 day moving average price is $0.10 and its 200-day moving average price is $0.09.
About Grid Metals
Grid Metals Corp (OTCMKTS: MSMGF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic battery‐metal properties within the Canadian Shield. The company’s primary targets include nickel, cobalt, copper and platinum‐group elements (PGEs), reflecting growing global demand for metals critical to renewable energy, electric vehicle and clean‐energy infrastructure applications.
Grid Metals holds a portfolio of exploration properties in Manitoba and Ontario.
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