Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) rose 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares traded 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 Trading Up 33.3 %
The firm has a market capitalization of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28. The business has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a current ratio of 1.44, a quick ratio of 6.27 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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