Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price rose 33.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares changed hands during trading, an increase of 139% from the average daily volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Stock Up 33.3 %
The company has a market cap of C$8.18 million, a price-to-earnings ratio of -1.00 and a beta of 2.28. 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 stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.
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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