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% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares traded hands during 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 stock has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.04. The stock has a market cap of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28. The company has a quick ratio of 6.27, a current ratio of 1.44 and a debt-to-equity ratio of 97.17.

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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