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

Grid Metals Corp. (CVE:GRDMGet Free Report)’s stock price was up 20.7% during trading on Thursday . The company traded as high as C$0.19 and last traded at C$0.18. Approximately 879,200 shares changed hands during 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 Trading Up 20.7%

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 market cap of C$35.77 million, a P/E ratio of -17.50 and a beta of 1.38. The business’s fifty day simple moving average is C$0.14 and its 200 day simple moving average is 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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