Grid Metals (CVE:GRDM) Trading 33.3% Higher – Should You Buy?

Grid Metals Corp. (CVE:GRDMGet Free Report)’s share price was up 33.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares changed hands 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 quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17. The firm has a market capitalization of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28. The firm has a 50-day moving average price of C$0.04 and a 200 day moving average price 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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