Grid Metals Corp. (CVE:GRDM – Get Free Report)’s share price traded down 25% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 170,000 shares traded hands during trading, a decline of 25% from the average session volume of 225,280 shares. The stock had previously closed at C$0.04.
Grid Metals Stock Performance
The business’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$7.15 million, a P/E ratio of -0.88 and a beta of 2.28. The company has a debt-to-equity ratio of 97.17, a quick ratio of 6.27 and a current ratio of 1.44.
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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