Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price traded up 20.7% during mid-day trading on Friday . The stock traded as high as C$0.19 and last traded at C$0.18. 879,200 shares were traded during trading, an increase of 403% from the average session volume of 174,835 shares. The stock had previously closed at C$0.15.
Grid Metals Trading Up 20.7%
The company has a market capitalization of C$35.77 million, a P/E ratio of -17.50 and a beta of 1.38. The business has a 50 day moving average price of C$0.14 and a 200 day moving average price of C$0.08. The company has a current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17.
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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