Grid Metals Corp Stock Today
GRDM Stock | CAD 0.04 0.01 12.50% |
Performance0 of 100
| Odds Of DistressOver 88
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Grid Metals is selling for under 0.035 as of the 26th of November 2024; that is 12.5% down since the beginning of the trading day. The stock's lowest day price was 0.035. Grid Metals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Grid Metals Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Grid Metals Corp. engages in exploring and developing base and precious metal mineral properties in Canada. Grid Metals Corp. was incorporated in 1997 and is headquartered in Toronto, Canada. GRID METALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 204.4 M outstanding shares of which 762 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Grid Metals Corp
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Grid Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Grid Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grid Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO President | Robin MBA | ||||
Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Grid Metals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Grid Metals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsGrid Metals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Grid Metals' financial leverage. It provides some insight into what part of Grid Metals' total assets is financed by creditors.
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Grid Metals Corp (GRDM) is traded on TSX Venture Exchange in Canada and employs 4 people. Grid Metals is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.15 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grid Metals's market, we take the total number of its shares issued and multiply it by Grid Metals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Grid Metals Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 204.4 M outstanding shares of which 762 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions.
Grid Metals Corp has accumulated about 1.15 M in cash with (8.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
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Ownership AllocationGrid Metals Corp has a total of 204.4 Million outstanding shares. Grid Metals retains 15.05 (percent) of its outstanding shares held by insiders and 22.0 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Grid Metals Corp Risk Profiles
Although Grid Metals' alpha and beta are two of the key measurements used to evaluate Grid Metals' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 4.56 | |||
Standard Deviation | 8.47 | |||
Variance | 71.7 | |||
Risk Adjusted Performance | 0.007 |
Grid Stock Against Markets
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When running Grid Metals' price analysis, check to measure Grid Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.