Shares of Grid Metals Corp. (CVE:GRDM – Get Free Report) traded down 14.3% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 101,000 shares were traded during trading, a decline of 56% from the average session volume of 231,890 shares. The stock had previously closed at C$0.04.
Grid Metals Trading Down 14.3 %
The business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The firm has a market cap of C$6.13 million, a price-to-earnings ratio of -0.75 and a beta of 2.28. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44.
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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