Grid Metals Corp. (CVE:GRDM – Get Free Report) was up 20.7% on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 879,200 shares changed 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 Price Performance
The company has a market capitalization of C$35.77 million, a PE ratio of -17.50 and a beta of 1.38. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27. The stock’s 50 day simple moving average is C$0.14 and its 200-day simple moving average is C$0.08.
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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