Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price traded down 12.5% during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 345,600 shares were traded during mid-day trading, an increase of 51% from the average session volume of 228,303 shares. The stock had previously closed at C$0.04.
Grid Metals Stock Performance
The stock’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. 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 firm has a market cap of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28.
About Grid Metals
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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