Shares of Grizzly Discoveries Inc. (CVE:GZD – Get Free Report) were down 18.2% during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 30,127 shares changed hands during trading, a decline of 78% from the average daily volume of 137,714 shares. The stock had previously closed at C$0.06.
Grizzly Discoveries Price Performance
The firm has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.05. The stock has a market capitalization of C$10.48 million, a PE ratio of -6.48 and a beta of 0.89. The company has a current ratio of 3.13, a quick ratio of 5.15 and a debt-to-equity ratio of 2.23.
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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