Grid Metals (CVE:GRDM) Stock Price Up 20.8% – Should You Buy?

Grid Metals Corp. (CVE:GRDMGet Free Report) shares were up 20.8% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 567,427 shares were traded during mid-day trading, an increase of 233% from the average daily volume of 170,547 shares. The stock had previously closed at C$0.12.

Grid Metals Trading Down 6.9%

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 stock has a market cap of C$27.59 million, a PE ratio of -13.50 and a beta of 1.38. The firm has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.08.

About Grid Metals

(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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