Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price traded down 14.3% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 101,000 shares were traded during mid-day trading, a decline of 57% from the average session volume of 233,765 shares. The stock had previously closed at C$0.04.
Grid Metals Stock 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$6.13 million, a P/E ratio of -0.75 and a beta of 2.28. The stock has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of 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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