Grid Metals Corp. (CVE:GRDM – Get Free Report) dropped 25% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 505,000 shares traded hands during trading, an increase of 642% from the average daily volume of 68,074 shares. The stock had previously closed at C$0.04.
Wall Street Analyst Weigh In
Separately, Fundamental Research set a C$0.42 target price on shares of Grid Metals and gave the company a “buy” rating in a research note on Thursday, August 8th.
View Our Latest Research Report on Grid Metals
Grid Metals Trading Up 14.3 %
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.
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