Grid Metals Corp Stock Today

GRDM Stock  CAD 0.04  0.01  12.50%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 88

 
High
 
Low
Very High
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

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 PresidentRobin MBA
Business ConcentrationDiversified 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 Levels
Grid 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.
Liquidity
Grid Metals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Grid Metals Corp has accumulated 6.69 M in total debt. Grid Metals Corp has a current ratio of 4.93, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Grid Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Grid Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grid Metals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grid to invest in growth at high rates of return. When we think about Grid Metals' use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

(7.74 Million)
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.
Check Grid Metals Probability Of Bankruptcy
Ownership Allocation
Grid 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.
Check Grid Ownership Details

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.

Grid Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Grid Metals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Search Now

   

Equity Search

Search for actively traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

Additional Tools for Grid Stock Analysis

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.