Grid Metals (CVE:GRDM) Shares Up 33.3% – Here’s Why

Grid Metals Corp. (CVE:GRDMGet Free Report)’s share price traded up 33.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 522,900 shares changed hands during mid-day trading, an increase of 139% from the average session volume of 219,003 shares. The stock had previously closed at C$0.03.

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 stock has a market capitalization of C$8.18 million, a price-to-earnings ratio of -1.00 and a beta of 2.28. The stock’s 50 day moving average is C$0.04 and its 200 day moving average is 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.

Further Reading

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