Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price rose 33.3% during 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 Price Performance
The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17. The firm has a market cap of C$8.18 million, a P/E ratio of -1.00 and a beta of 2.28. The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04.
Grid Metals Company Profile
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.
Further Reading
- Five stocks we like better than Grid Metals
- Find and Profitably Trade Stocks at 52-Week Lows
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Options Trading – Understanding Strike Price
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- What is the NASDAQ Stock Exchange?
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Grid Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grid Metals and related companies with MarketBeat.com's FREE daily email newsletter.