Grid Metals Corp.

Grid Metals Corp.verified

MSMGF

Price:

$0.03054

Market Cap:

$8.18M

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.[Read more]

Industry

Industrial Materials

IPO Date

2016-09-08

Stock Exchange

PNK

Ticker

MSMGF

The PE Ratio as of December 2024 (TTM) for Grid Metals Corp. (MSMGF) is -1.53

According to Grid Metals Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -1.53. This represents a change of -55.07% compared to the average of -3.41 of the last 4 quarters.

Grid Metals Corp. (MSMGF) Historical PE Ratio (quarterly & annually)

How has MSMGF PE Ratio performed in the past?

The mean historical PE Ratio of Grid Metals Corp. over the last ten years is -30.28. The current -1.53 PE Ratio has changed 405.28% with respect to the historical average. Over the past ten years (40 quarters), MSMGF's PE Ratio was at its highest in in the September 2016 quarter at 168.62. The PE Ratio was at its lowest in in the March 2015 quarter at -153.69.

Quarterly (TTM)
Annual

Average

-30.28

Median

-4.17

Minimum

-344.04

Maximum

74.54

Grid Metals Corp. (MSMGF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Grid Metals Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.76%

Maximum Annual PE Ratio = 74.54

Minimum Annual Increase = -3220.34%

Minimum Annual PE Ratio = -344.04

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.64-102.20%
202274.54-3220.34%
2021-2.39-46.85%
2020-4.49-18.23%
2019-5.5042.74%
2018-3.85-98.88%
2017-344.043.76%
2016-8.911.71%
2015-0.49-91.83%
2014-6.02-115.59%

Grid Metals Corp. (MSMGF) Average PE Ratio

How has MSMGF PE Ratio performed in the past?

The current PE Ratio of Grid Metals Corp. (MSMGF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

23.50

5-year avg

12.10

10-year avg

-30.28

Grid Metals Corp. (MSMGF) PE Ratio vs. Peers

How is MSMGF’s PE Ratio compared to its peers?

Grid Metals Corp.’s PE Ratio is greater than Giga Metals Corporation (-7.18), greater than Palladium One Mining Inc. (-3.26), less than Canada Silver Cobalt Works Inc. (-0.62), greater than New Age Metals Inc. (-5.17), greater than Stillwater Critical Minerals Corp. (-7.00),

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