Grid Metals Corp. (CVE:GRDM – Get Free Report) traded down 25% during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. 170,000 shares were traded during mid-day trading, a decline of 25% from the average session volume of 225,280 shares. The stock had previously closed at C$0.04.
Grid Metals Price Performance
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 capitalization of C$7.15 million, a PE ratio of -0.88 and a beta of 2.28. The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price 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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