Grid Metals Corp. (CVE:GRDM – Get Free Report) 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 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 Stock Down 14.3 %
The company has a market capitalization of C$6.13 million, a P/E ratio of -0.75 and a beta of 2.28. The stock has a 50 day moving average price of C$0.04 and a 200 day moving average price 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.
About Grid Metals
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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