Grizzly Discoveries (CVE:GZD) Sets New 1-Year High – Should You Buy?

Grizzly Discoveries Inc. (CVE:GZD) hit a new 52-week high on Thursday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 46000 shares. The stock had previously closed at C$0.04.

Grizzly Discoveries Price Performance

The stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a market capitalization of C$8.26 million, a price-to-earnings ratio of -6.48 and a beta of -0.35. The company has a quick ratio of 5.15, a current ratio of 1.03 and a debt-to-equity ratio of 2.51.

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.