Grizzly Discoveries (CVE:GZD) Sets New 52-Week High – What’s Next?

Grizzly Discoveries Inc. (CVE:GZD)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 46000 shares trading hands. The stock had previously closed at C$0.04.

Grizzly Discoveries Stock Performance

The firm has a market cap of C$7.23 million, a PE ratio of -6.48 and a beta of -0.35. The business has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a quick ratio of 5.15, a current ratio of 1.03 and a debt-to-equity ratio of 2.51.

About Grizzly Discoveries

Grizzly Discoveries Inc engages in the acquisition, exploration, and development of precious and base metals properties Canada. The company primarily explores for gold, copper, silver, and cobalt deposits. It holds 100% interests in Greenwood Project covering approximately 180,000 contiguous acres in South-central British Columbia; and the Robocop property comprising of five mineral claims that covers an area of 5,864 acres located in southeastern British Columbia. The company also holds an interest at the Alberta diamond project consisting of two wholly owned claim blocks in the Buffalo Head Hills.