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Grid Metals Corp. (TSE:GRDM)
:GRDM
GRDM Stock Chart & Stats
C$0.14
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.14
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.03 - C$0.19
Previous CloseN/A
Volume52.00K
Average Volume (3M)311.88K
Market Cap
C$30.29M
Enterprise ValueC$27.58M
Total Cash (Recent Filing)C$496.07K
Total Debt (Recent Filing)C$113.68K
Price to Earnings (P/E)―
Beta0.58
Next Earnings
Jun 01, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding233,037,060
10 Day Avg. Volume290,309
30 Day Avg. Volume311,880
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)45.82
Price to Sales (P/S)0.00
P/FCF Ratio-1.03
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
Exposure To Critical Battery MetalsGrid Metals is focused on exploration of nickel, copper, cobalt and lithium—commodities with sustained structural demand from electrification and battery supply chains. That exposure improves long-term project optionality, partner interest, and the potential for asset monetization as battery demand grows.
Asset-monetization Transaction ModelThe company’s business model centers on advancing and then monetizing exploration assets through sales, optioning/JV arrangements, or royalties. Structurally this reduces the need for immediate commercial operations, enables risk transfer to partners, and provides durable routes to realize value without running a mine.
Low Absolute Debt BurdenNominal debt is minimal in absolute terms (~$114K TTM), which limits fixed financial obligations and bankruptcy risk from leverage alone. For an exploration-stage company, low absolute debt preserves flexibility to pursue transaction-based funding or equity raises without large interest or principal servicing constraints.
Bears Say
No Operating RevenueGrid Metals remains pre-commercial with no reported operating revenue, meaning core operations do not generate cash. This structural lack of recurring revenue forces dependence on asset transactions or financings to fund exploration, constraining self-sustainability and increasing long-term dilution risk if deals are not realized.
Severe Equity Erosion And Rising LeverageEquity has collapsed over recent periods, leaving a very thin capital cushion and driving debt-to-equity to elevated levels (4.53x TTM). This materially increases financial vulnerability: less capacity to absorb losses, diminished borrowing headroom, and higher likelihood of dilutive equity raises or onerous financing terms.
Intensifying Cash Burn And Weak Cash GenerationOperating and free cash flow are strongly negative and worsened in the TTM. Persistent, intensifying cash burn undermines runway and project advancement ability absent partner funding or asset sales. Structural dependence on external capital raises execution and dilution risk for any multi-stage exploration program.
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$0.03 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$30.29M.
When is Grid Metals Corp.’s upcoming earnings report date?
Grid Metals Corp.’s upcoming earnings report date is Jun 01, 2026 which is in 98 days.
How were Grid Metals Corp.’s earnings last quarter?
Grid Metals Corp. released its earnings results on Nov 26, 2025. The company reported -C$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.001.
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$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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. engages in exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium and rare metals, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium Property located in Ontario. Its properties also include the Makwa-Mayville Nickel Copper PGM Cobalt Project in Manitoba; and the Bannockburn Nickel Project located in the Sudbury Mining Division, Ontario. The company was formerly known as Mustang Minerals Corp. and changed its name to Grid Metals Corp. in June 2018. The company was incorporated in 1997 and is headquartered in Toronto, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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