Grid Metals Corp. (OTCMKTS:MSMGF – Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 36,292 shares, a decline of 67.1% from the September 15th total of 110,204 shares. Based on an average daily volume of 174,961 shares, the days-to-cover ratio is presently 0.2 days.
Grid Metals Stock Down 7.2%
Grid Metals stock traded down $0.01 during trading hours on Tuesday, hitting $0.15. The stock had a trading volume of 60,500 shares, compared to its average volume of 143,106. Grid Metals has a 1-year low of $0.06 and a 1-year high of $0.17. The stock’s fifty day moving average is $0.11 and its two-hundred day moving average is $0.09.
About Grid Metals
Grid Metals Corp. is a Canadian mineral exploration and development company focused on battery and critical metals. The company’s activities include acquiring, exploring and advancing mineral properties with potential for nickel, copper, cobalt, platinum-group elements and lithium.
Grid Metals’ principal projects are located in Manitoba, Canada. Its Makwa-Mayville property is prospective for nickel, copper, cobalt and platinum-group elements, while the Donner Lake project is focused on lithium-bearing spodumene pegmatites.
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