Grizzly Discoveries (CVE:GZD) Stock Price Down 14.3% – Here’s Why

Grizzly Discoveries Inc. (CVE:GZD)’s stock price traded down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 905,000 shares were traded during trading, an increase of 604% from the average session volume of 128,518 shares. The stock had previously closed at C$0.04.

Grizzly Discoveries Price Performance

The stock 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 market cap of C$7.23 million, a PE ratio of -6.48 and a beta of -0.51.

Grizzly Discoveries Company Profile

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.