Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) shot up 17.2% during trading on Thursday . The company traded as high as C$0.19 and last traded at C$0.17. 677,900 shares changed hands during mid-day trading, an increase of 290% from the average session volume of 173,711 shares. The stock had previously closed at C$0.15.
Grid Metals Stock Up 17.2%
The stock’s fifty day moving average price is C$0.13 and its 200 day moving average price is 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. The stock has a market cap of C$34.75 million, a P/E ratio of -17.00 and a beta of 1.38.
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.
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