How does MSMG.F's PB Ratio compare to its peers?

MSMG.F is expensive based on its Price-To-Book Ratio (2.9x) compared to the peer average (0.8x).

How does MSMG.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

MSMG.F is expensive based on its Price-To-Book Ratio (2.9x) compared to the US Metals and Mining industry average (1.8x).

What is MSMG.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MSMG.F's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of MSMG.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate MSMG.F's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Grid Metals (OTCPK:MSMG.F) - Stock Price, News & Analysis

MSMG.F Stock Overview

Engages in the exploration and development of base and precious metal mineral properties in Canada. More details

MSMG.F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 42.1% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap ($7M)

Shareholders have been diluted in the past year

Grid Metals Corp. Competitors

Rise Gold

OTCPK:RYES

US$4.6m

Brookmount Explorations

OTCPK:BMXI

US$6.5m

China Natural Resources

NasdaqCM:CHNR

US$6.0m

General European Strategic Investments

OTCPK:GESI

US$6.9m

Price History & Performance

Summary of all time highs, changes and price drops for Grid Metals
Historical stock prices
Current Share Price	CA$0.023
52 Week High	CA$0.081
52 Week Low	CA$0.021
Beta	2.25
11 Month Change	-34.94%
3 Month Change	-23.59%
1 Year Change	-70.68%
33 Year Change	-73.19%
5 Year Change	-68.53%
Change since IPO	-96.75%

Recent updates

Shareholder Returns

	MSMG.F	US Metals and Mining	US Market
7D	-23.8%	-0.008%	2.0%
1Y	-70.7%	20.0%	32.4%

Return vs Industry: MSMG.F underperformed the US Metals and Mining industry which returned 23% over the past year.

Return vs Market: MSMG.F underperformed the US Market which returned 32.6% over the past year.

Price Volatility

Is MSMG.F's price volatile compared to industry and market?
MSMG.F volatility
MSMG.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine MSMG.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Robin Dunbar	gridmetalscorp.com

Grid Metals Corp. engages in the exploration and development of base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium, palladium, and platinum group metals. The company was formerly known as Mustang Minerals Corp. and changed its name to Grid Metals Corp. in June 2018.

Grid Metals Corp. Fundamentals Summary

How do Grid Metals's earnings and revenue compare to its market cap?
MSMG.F fundamental statistics
Market cap	US$5.09m
Earnings (TTM)	-US$4.97m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.0x

P/E Ratio

Is MSMG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSMG.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$6.99m
Earnings	-CA$6.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.034
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MSMG.F perform over the long term?

See historical performance and comparison

MSMG.F Stock Overview

Risk Analysis

Grid Metals Corp. Competitors

OTCPK:RYES

US$4.6m

OTCPK:BMXI

US$6.5m

NasdaqCM:CHNR

US$6.0m

OTCPK:GESI

US$6.9m

Price History & Performance

Recent News & Updates

Grid Metals Corp. Initiates Maiden Eagle Drill Program At the Mm Copper/Nickel Project

Grid Metals Corp Provides Results from Its Ongoing Exploration Program at its MM Copper/Nickel Project Located in Southeastern Manitoba

Grid Metals Corp., Annual General Meeting, Oct 28, 2024

Grid Metals Corp. Provides Activities Update on Donner Lithium and MM Copper Nickel Projects

Grid Metals Corp. Files National Instrument 43-101 Technical Report for Mm Copper/Nickel Project in Southeastern Manitoba

Grid Metals Corp. Announces Changes to its Board

Recent updates

Grid Metals Corp. Initiates Maiden Eagle Drill Program At the Mm Copper/Nickel Project

Grid Metals Corp Provides Results from Its Ongoing Exploration Program at its MM Copper/Nickel Project Located in Southeastern Manitoba

Grid Metals Corp., Annual General Meeting, Oct 28, 2024

Grid Metals Corp. Provides Activities Update on Donner Lithium and MM Copper Nickel Projects

Grid Metals Corp. Files National Instrument 43-101 Technical Report for Mm Copper/Nickel Project in Southeastern Manitoba

Grid Metals Corp. Announces Changes to its Board

Grid Metals Corp. Announces Indicated Open-Pit Mineral Resource of 46.2 Million Tonnes at MM Copper/Nickel Project in Southeastern Manitoba

Grid Metals Corp. Announces Results from Its Maiden Drill Program At the 100%-Owned Falcon West Lithium Property

Grid Metals Corp. Announces Drill Results from its January-March 2024 Drill Program at the Donner Lake Lithium Project in Southeastern Manitoba, Canada

Grid Metals Corp to Drill Falcon West Lithium Project in Southeastern Manitoba

Grid Metals Corp. announced that it expects to receive CAD 5.4 million in funding from American Metals & Coal International, Inc., Waratah Capital Advisors Ltd.

Grid Metals Corp. Approves the Appointment of Grant McAdam as Director

Grid Metals Corp. Commences Drilling at Campus Creek Lithium Project Buys Out Joint Venture Partner Option

Grid Metals Corp Reports Positive Metallurgical Test Results from Donner Lake Lithium Property

Grid Metal Corp. Announces Final Drill Results from the Completion of the Northwest Dyke Drill Program at the Donner Lake Lithium Property in Manitoba, Canada

Grid Metals Corp Announces Strong Second Wave of Results from the Main Dyke Lithium Drilling

Grid Metals Corp. Announces Initial Drill Results At Donner Lake Lithium Property, Se Manitoba

Grid Metals Corp Announces the Appointment of Patrick Murphy as Director

Grid Metals Corp Completes 15 Drill Holes At Donner Lake Lithium Project

Grid Metals Corp Commences Drilling at Donner Lake Lithium Property

Grid Metals Corp., Annual General Meeting, Nov 23, 2022

Grid Metals Corp. announced that it has received CAD 8.52 million in funding from Primero Group Limited, American Metals & Coal International, Inc., Churchill Strategic Investments Group Pty Ltd, Lithium Royalty Corp., Waratah Capital Advisors Ltd.

Grid Metals Corp. announced that it has received CAD 8.52 million in funding from Primero Group Limited, American Metals & Coal International, Inc., Churchill Strategic Investments Group Pty Ltd, Lithium Royalty Corp., Waratah Capital Advisors Ltd.

Grid Metals Corp. announced that it expects to receive $8.52 million in funding from Primero Group Limited, American Metals & Coal International, Inc.

Grid Metals Corp. Reports the Results from the Final Three Holes Completed in the Phase 1 Drill Program At Its Donner Lake Lithium Property in Southeastern Manitoba

Grid Metals Corp. Reports Additional Drilling Results from the Phase 1 Drill Program At Its Donner Lake Lithium Property

Canada Nickel Company Inc. (TSXV:CNC) entered into an agreement to acquire Bannockburn Nickel Property Located Near Matachewan Ontario from Grid Metals Corp. (TSXV:GRDM).

Grid Metals Corp. Reports Results for Three Additional Holes from the Recently Completed Phase 1 Drill Program at its Donner Lake Lithium Property in Southeastern Manitob

Grid Metals Corp. Reports Additional Diamond Drill Results from the 2022 Lithium Exploration Program At Its Donner Lake Lithium Property in Southeastern Manitoba

Grid Metals Corp. Provides Drill Update on its Makwa Nickel Property

Grid Metals Intersects 13.75 Metres of 1.53% Li2O and 8.0 Metres of 1.47% in First Two Holes At the Donner Lake Lithium Property Manitoba Canada

Grid Metals Corp. Provides an Update on its Nickel-Copper-PGM Sulfide and Lithium Pegmatite Exploration Properties

Grid Metals Corp. Provides Drilling Underway at Grid Metals Manitoba Nickel Targets

Grid Metals Corp. Reports Wide Zones of Nickel Mineralization and Higher Grade Core At Bannockburn Nickel Property

Grid Metals Corp. announced that it has received CAD 1.650356 million in funding from Lithium Royalty Corp.

Grid Provides Manitoba Project Update

Grid Metals Corp. Announces Positive Metallurgical Test Results and Initial Rhodium Assays for East Bull Lake

Grid Metals Corp. Provides Update on Exploration Activities At Bannockburn Nickel and East Bull Lake Palldium Properties

Grid Metals Reports New Drill Results from East Bull Lake Palladium Property

Grid Metals Corp. announced that it has received CAD 3.5 million in funding

Grid Metals Corp. Reports New Results from Three Additional Drill Holes from the Central Parisien Lake Zone

Grid Metals Commences Drilling At Bannockburn Nickel Project

Grid Metals Corp. Provides New Drill Results from East Bull Lake

Grid Metals Corp. Files NI 43-101 Report on Bannockburn Nickel Property

Grid Metals Corp. Announces Further Drilling Results from Its Fall 2020 Program At Its 100% Owned East Bull Lake Palladium Property in Ontario

Grid Metals Corp. Commences Drill Program At East Bull Lake Palladium Property

Grid Metals Corp. announced that it has received CAD 2.742965 million in funding

Grid Metals Corp. announced that it expects to receive CAD 2.25 million in funding

Grid Metals Makes Significant Palladium Discovery at East Bull Lake

Grid Metals Corp., Annual General Meeting, Jan 06, 2021

Grid Metals Corp. Provides an Update Regarding its 2020 Exploration Program at its 100% Owned East Bull Lake Palladium Property in Ontario

Grid Metals Corp. Provides Further Update at East Bull Lake Drilling Commences