Grizzly Discoveries Inc. (CVE:GZD – Get Free Report)’s share price was down 14.3% during mid-day trading on Wednesday. The company traded as low as C$0.03 and last traded at C$0.03. Approximately 410,463 shares changed hands during trading, an increase of 201% from the average daily volume of 136,217 shares. The stock had previously closed at C$0.04.
Grizzly Discoveries Stock Performance
The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06. The company has a debt-to-equity ratio of 2.23, a quick ratio of 5.15 and a current ratio of 3.13. The firm has a market capitalization of C$8.19 million, a P/E ratio of -6.48 and a beta of 0.62.
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.
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