Grid Metals Corp. (CVE:GRDM – Get Free Report)’s stock price was down 14.3% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 101,000 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 231,890 shares. The stock had previously closed at C$0.04.
Grid Metals Price Performance
The company has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. 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 stock has a market capitalization of C$6.13 million, a price-to-earnings ratio of -0.75 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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