Grid Metals (CVE:GRDM) Stock Price Up 33.3% – Here’s What Happened

Grid Metals Corp. (CVE:GRDMGet Free Report)’s stock price rose 33.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares were traded during mid-day 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 Stock Performance

The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27. The stock has a market cap of C$8.18 million, a P/E ratio of -1.00 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

(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.

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