Grizzly Discoveries (CVE:GZD) Shares Down 14.3% – Here’s What Happened

Grizzly Discoveries Inc. (CVE:GZD – Get Free Report) was down 14.3% during trading on Wednesday. The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 410,463 shares traded hands during trading, an increase of 201% from the average session volume of 136,217 shares. The stock had previously closed at C$0.04.

Grizzly Discoveries Price Performance

The stock’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.06. The company 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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