Grid Metals (CVE:GRDM) Stock Price Up 33.3% – Here’s What Happened

Shares of Grid Metals Corp. (CVE:GRDMGet Free Report) traded up 33.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 522,900 shares traded hands during 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 Price Performance

The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The stock has a market cap of C$8.18 million, a price-to-earnings ratio of -1.00 and a beta of 2.28. The company has a debt-to-equity ratio of 97.17, a current ratio of 1.44 and a quick ratio of 6.27.

Grid Metals Company Profile

(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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