Grid Metals (CVE:GRDM) Trading 33.3% Higher – Here’s What Happened

Grid Metals Corp. (CVE:GRDMGet Free Report) shares were up 33.3% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares were traded 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 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 has a market cap of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28. The stock has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

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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