Grid Metals Corp. (CVE:GRDM – Get Free Report) shares rose 33.3% during mid-day 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 Price Performance
The stock has a market cap of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28. The business’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.
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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