Grid Metals Corp.

Grid Metals Corp.

MSMGF
Grid Metals Corp.US flagOther OTC
0.09
USD
+0.01
- -
20.62MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
0.01
-0.02
-0.1
-0.01
- -
-0.02
-0.02
-0.05
-0.04
- -
-0.06
-0.03
-0.01
-0.02
Free Cash Flow per Basic Share
-0.08
-0.01
-0.02
- -
-0.05
-0.03
-0.02
-0.08
-0.04
-0.03
-0.05
-0.04
-0.01
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.05
-1.06
-1.05
-1.04
0.81
0.51
-0.15
-0.09
-0.08
0.02
-0.01
-0.04
-0.03
-0.03
Tangible Book Value per Share
1.25
1.24
1.02
1.01
1.08
0.69
0.02
0.04
0.03
0.09
0.04
- -
0.01
- -
Basic Weighted Avg Shares
23
23
26
26
28
42
43
59
88
125
170
204
210
214
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
Net Income, GAAP
- -
- -
-3
- -
- -
-1
-1
-3
-4
- -
-10
-6
-2
-3
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
-1
-1
3
1
1
3
3
11
4
- -
2
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
- -
- -
Total Equity
29
29
26
26
30
29
1
2
2
12
6
- -
2
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-133.37
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-14.24
- -
- -
- -
38.27
Return on Common Equity (%)
- -
- -
- -
- -
- -
-4.7
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
204
233
233
Market Capitalization
29
30
25

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1
3
2
Cash, Cash Equivalents & STI
- -
3
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
- -
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
112.59%
211.3%
838.19%
Free Cash Flow
160.04%
2.22%
-72.2%
Net Income, GAAP
-87.61%
-810.44%
-62.32%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
- -
-0.01
- -
-0.03
2025
- -
- -
- -
- -
-0.01
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Robin E. Dunbar
Sector
Basic Materials
Industry
Industrial Materials
Address
3335 Yonge Street Toronto ON Canada M4N 2M1
IPO Date
Sep 8, 2016
Business
Grid Metals Corp. (Ticker: MSMGF) is a Canadian mineral exploration company focused on the acquisition, exploration, and development of battery mineral properties, primarily nickel, copper, cobalt, and rare earth elements. The company offers exploration services including drilling, geophysical surveys, sampling, and resource estimation; it holds interests in key projects such as the Donner Lake Nickel-Copper-Cobalt Property, the East Bull Lake Palladium-Nickel-Copper Property, the Makepeace Lake Nickel-Copper-Cobalt Property, the Sekwane Nickel-Copper-PGE Property in Botswana, and the Clayton Rare Earths Property in Idaho, USA. Operations span Canada (Ontario and Manitoba), Botswana, and the United States, targeting mining companies, strategic investors, and green energy sector participants; Grid Metals Corp. was founded in 2011 and is headquartered in Toronto, Ontario. In recent developments, the company announced a non-brokered private placement financing round in late 2024 to fund exploration at the Donner Lake and East Bull Lake projects; it entered a strategic alliance with a major nickel producer for joint venture potential on its Ontario properties in early 2025. Grid Metals launched an expanded drilling program at Donner Lake in mid-2025, reporting high-grade nickel intercepts that advanced the project toward a preliminary economic assessment. These initiatives reflect a strategic shift toward accelerating battery metals development amid rising demand for electric vehicle supply chains, with no major acquisitions or name changes reported in the last two years.

Company News

APIChatGPT
  • Grid Metals Enters Into Joint Venture Agreement with Avenir Minerals for Falcon West Cesium Project

  • Grid Metals Corp. Provides Update on Makwa Nickel-Copper-PGE Project

  • Grid Metals Announces TSX Venture Approval for Thompson East Copper/Nickel Project Earn-In Transaction

  • Grid Metals Reports Second Batch of Assays from its Phase 2 Drill Program at Falcon West; Cesium Mineralization Intercepted 75 m North of Lucy South Target Area

  • Grid Metals and Boliden Sign $10 Million Earn-In Agreement for the Thompson East Copper/Nickel Project in Northern Manitoba

  • Grid Metals Reports First Assays From Its Phase 2 Drill Program at Falcon West Including 12.9% Cs2O Over 3.8m

  • Grid Metals Reports Final Assays from its 2025 Drill Program at Falcon West Including 20.45% Cs20 over 3.3m; Announces Participation at PDAC

  • Grid Metals Continues to Expand Cesium Mineralization at Falcon West

  • Grid Metals Reports Best Intercept to Date at Falcon West Cesium Project of 16.5% Cs2O over 3.45m

  • Grid Metals Intersects High-Grade Cesium at the Falcon West Cesium Project including 14.0% Cs2O over 3.01m

  • Grid Metals Corp. Announces Exploration Programs Underway

  • Grid Metals Announces Closing of Second Tranche of Strategic Private Placement

  • Grid Metals Announces Closing of First Tranche of Strategic Private Placement

  • Grid Metals Announces Strategic $4 Million Private Placement

  • Grid Metals Corp. Receives Drill Permit for Falcon West Cesium Property

  • Grid Metals Corp. Announces Grassroots Nickel Sulfide Surface Discovery at Makwa

  • Grid Metals Corp. To Participate in THE Mining Investment Event; Engages Leading Cesium Industry Expert

  • Grid Metals Corp. Provides Update on Eagle Copper Exploration Program and Upcoming Copper, Nickel and Cesium Exploration Initiatives

  • Grid Metals Corp. Reports Makwa Project Advancing to Drill Stage

  • VIDEO - CEO Clips - Grid Metals Corp.: Targeting the Future of Energy with Critical Metals in Manitoba