Grid Metals Corp. (CVE:GRDM – Get Free Report) shares traded up 20.8% during mid-day trading on Friday . The company traded as high as C$0.15 and last traded at C$0.15. 567,427 shares changed hands during trading, an increase of 233% from the average session volume of 170,547 shares. The stock had previously closed at C$0.12.
Grid Metals Trading Up 3.4%
The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44. The firm has a market cap of C$30.66 million, a P/E ratio of -15.00 and a beta of 1.38. The firm has a 50 day simple moving average of C$0.13 and a 200 day simple moving average of C$0.08.
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.
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