Grid Metals Corp. (CVE:GRDM – Get Free Report) traded up 33.3% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 522,900 shares traded hands during trading, an increase of 139% from the average session volume of 219,003 shares. The stock had previously closed at C$0.03.
Grid Metals Stock 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’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The stock has a market cap of C$8.18 million, a price-to-earnings ratio of -1.00 and a beta of 2.28.
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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