Grid Metals (CVE:GRDM) Trading 20.7% Higher – Here’s What Happened

Grid Metals Corp. (CVE:GRDMGet Free Report)’s stock price was up 20.7% on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 879,200 shares were traded during trading, an increase of 403% from the average daily volume of 174,835 shares. The stock had previously closed at C$0.15.

Grid Metals Price Performance

The company has a 50 day moving average price of C$0.13 and a 200-day moving average price of C$0.08. The company has a market cap of C$35.77 million, a price-to-earnings ratio of -17.50 and a beta of 1.38. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.

Grid Metals Company Profile

(Get Free Report)

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

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