Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price rose 7.1% during mid-day trading on Tuesday. The company traded as high as C$0.15 and last traded at C$0.15. 132,500 shares were traded during mid-day trading, a decline of 14% from the average session volume of 153,309 shares. The stock had previously closed at C$0.14.
Grid Metals Price Performance
The stock’s 50-day moving average is C$0.14 and its 200 day moving average is C$0.13. 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 company has a market cap of C$39.62 million, a PE ratio of -8.50 and a beta of 0.38.
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. 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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