Grid Metals (CVE:GRDM) Trading 33.3% Higher – Time to Buy?

Grid Metals Corp. (CVE:GRDMGet Free Report) shares traded up 33.3% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 522,900 shares changed 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 Stock Up 33.3 %

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 company has a market cap of C$8.18 million, a P/E ratio of -1.00 and a beta of 2.28. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

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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