Grid Metals Corp. (CVE:GRDM – Get Free Report) shares fell 12.5% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 345,600 shares were traded during 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 business has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44. The stock has a market cap of C$8.18 million, a PE ratio of -1.00 and a beta of 2.28.
Grid Metals Company Profile
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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