Grizzly Discoveries Inc. (CVE:GZD – Get Free Report)’s stock price shot up 13.3% on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 835,406 shares were traded during trading, an increase of 469% from the average session volume of 146,736 shares. The stock had previously closed at C$0.07.
Grizzly Discoveries Price Performance
The company’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.05. The company has a market cap of C$19.79 million, a P/E ratio of -6.48 and a beta of 0.89. The company has a debt-to-equity ratio of 2.23, a current ratio of 3.13 and a quick ratio of 5.15.
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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