Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) reached a new 52-week high on Wednesday. The stock traded as high as C$0.18 and last traded at C$0.18, with a volume of 1639820 shares traded. The stock had previously closed at C$0.15.
Grid Metals Stock Performance
The stock has a market cap of C$38.45 million, a P/E ratio of -8.25 and a beta of 0.38. 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 stock has a 50 day simple moving average of C$0.14 and a 200 day simple moving average of C$0.13.
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. Its properties also include the Makwa Mayville Ni-Cu-PGM-Co property located to northeast of Winnipeg, Manitoba; Donner Lake Lithium property located in southeastern Manitoba; and the Campus Creek Lithium property located in northwestern Ontario.
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