Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday. The company traded as high as C$0.18 and last traded at C$0.18, with a volume of 1639820 shares trading hands. The stock had previously closed at C$0.15.
Grid Metals Stock 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 stock has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.12. The company has a market capitalization of C$41.95 million, a price-to-earnings ratio of -9.00 and a beta of 0.38.
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. Its properties also include the Makwa Mayville Ni-Cu-PGM-Co property located to northeast of Winnipeg, Manitoba; Donner Lake Lithium property located in southeastern Manitoba; and the Campus Creek Lithium property located in northwestern Ontario.
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