Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price was up 33.3% during mid-day trading 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 current ratio of 1.44, a quick ratio of 6.27 and a debt-to-equity ratio of 97.17. The firm 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.
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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