Grizzly Discoveries (CVE:GZD) Stock Falls 14.3% – What’s Next?

Shares of Grizzly Discoveries Inc. (CVE:GZD – Get Free Report) traded 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. 410,463 shares were traded during mid-day 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 Trading Down 14.3%

The company’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.06. The stock has a market cap of C$7.02 million, a PE ratio of -6.48 and a beta of 0.62. The company has a debt-to-equity ratio of 2.23, a current ratio of 3.13 and a quick ratio of 5.15.

Grizzly Discoveries Company Profile

(Get Free Report)

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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