Grizzly Discoveries Inc. (CVE:GZD – Get Free Report)’s stock price shot up 13.3% during trading on Monday . The company traded as high as C$0.10 and last traded at C$0.09. 835,406 shares were traded during mid-day trading, an increase of 469% from the average session volume of 146,736 shares. The stock had previously closed at C$0.07.
Grizzly Discoveries Stock Performance
The business’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.05. The company has a debt-to-equity ratio of 2.23, a quick ratio of 5.15 and a current ratio of 3.13. The stock has a market capitalization of C$16.30 million, a P/E ratio of -6.48 and a beta of 0.89.
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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