Grid Metals (CVE:GRDM) Trading 20.7% Higher – Time to Buy?

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

The firm has a market capitalization of C$35.77 million, a P/E ratio of -17.50 and a beta of 1.38. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44. The firm’s 50-day moving average is C$0.14 and its 200 day moving average is C$0.08.

Grid Metals Company Profile

(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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