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GRDM Stock Chart & Stats
C$0.15
>-C$0.01(-3.57%)
At close: 4:00 PM EDT
C$0.15
>-C$0.01(-3.57%)
Day’s Range― - ―
52-Week RangeC$0.09 - C$0.19
Previous CloseN/A
Volume51.60K
Average Volume (3M)176.45K
Market Cap
C$33.79M
Enterprise ValueC$23.52
Total Cash (Recent Filing)C$945.58K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.64
Next Earnings
Nov 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding233,037,060
10 Day Avg. Volume261,237
30 Day Avg. Volume176,450
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)17.57
Price to Sales (P/S)0.00
P/FCF Ratio-13.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageThe absence of reported debt limits near-term interest and refinancing pressure, giving Grid Metals more flexibility while it advances exploration assets. Although the company remains financially constrained by other factors, low leverage reduces the risk that debt obligations independently restrict strategic choices.
Improving Losses And Cash BurnImprovement in losses and cash usage suggests some cost control or reduced spending, which can extend the company’s ability to pursue exploration activity. The benefit is durable only if the improving trajectory continues, but it provides a stronger base than the much heavier prior-period burn.
Focus On Battery And Critical MetalsExposure to lithium and nickel-group projects positions Grid Metals within the battery and critical-metals development theme. Advancing these assets through surveys, drilling, resource delineation, and technical studies could create longer-term monetization opportunities through development, partnerships, or transactions.
Bears Say
No Operating RevenueThe lack of operating revenue means Grid Metals has not yet demonstrated a producing business model or recurring commercial cash inflows. Its financial capacity therefore depends on advancing assets toward a future transaction or production stage rather than funding activities from established operations.
Persistent Cash ConsumptionOngoing negative operating and free cash flow shows that the business consumes cash rather than generating it internally. This can constrain exploration continuity and strategic flexibility over the next several quarters, particularly because recent free-cash-flow improvement remains measured from a negative base.
Eroded Equity And Balance-Sheet CapacityA very small equity base and reduced total assets weaken balance-sheet resilience despite low debt. The thin capital position leaves less financial capacity to absorb continued losses or fund exploration internally, increasing the importance of successfully advancing assets and securing future capital.
Grid Metals News
GRDM FAQ
What was Grid Metals Corp.’s price range in the past 12 months?
Grid Metals Corp. lowest stock price was C$0.09 and its highest was C$0.18 in the past 12 months.
What is Grid Metals Corp.’s market cap?
Grid Metals Corp.’s market cap is C$33.79M.
When is Grid Metals Corp.’s upcoming earnings report date?
Grid Metals Corp.’s upcoming earnings report date is Nov 26, 2026 which is in 70 days.
How were Grid Metals Corp.’s earnings last quarter?
Grid Metals Corp. released its earnings results on Aug 28, 2026. The company reported -C$0.002 earnings per share for the quarter.
Is Grid Metals Corp. overvalued?
According to Wall Street analysts Grid Metals Corp.’s price is currently Overvalued.
Does Grid Metals Corp. pay dividends?
Grid Metals Corp. does not currently pay dividends.
What is Grid Metals Corp.’s EPS estimate?
Grid Metals Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Grid Metals Corp. have?
Grid Metals Corp. has 233,037,060 shares outstanding.
What happened to Grid Metals Corp.’s price movement after its last earnings report?
Grid Metals Corp. reported an EPS of -C$0.002 in its last earnings report. Following the earnings report the stock price went down -3.333%.
Which hedge fund is a major shareholder of Grid Metals Corp.?
Currently, no hedge funds are holding shares in TSE:GRDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Grid Metals Corp.
Grid Metals Corp. is a Canadian enterprise primarily focused on the exploration and development of mineral deposits. Their work targets a diverse range of metals, including base metals like nickel, copper, and cobalt, as well as precious metals, lithium, rare metals, and platinum group metals (PGMs). The East Bull Lake Palladium Property in Ontario stands as their principal project. Beyond this core asset, their portfolio also encompasses the Makwa-Mayville Nickel-Copper-PGM-Cobalt Project in Manitoba and the Bannockburn Nickel Project, situated within Ontario's Sudbury Mining Division. Historically, the company operated as Mustang Minerals Corp. before adopting the Grid Metals Corp. name in June 2018. Established in 1997, the company maintains its corporate headquarters in Toronto, Canada.
Technical Analysis
Tartisan Nickel Corp
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Giga Metals Corporation
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Class 1 Nickel & Technologies
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SPC Nickel
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EV Nickel, Inc.
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