Grizzly Discoveries (CVE:GZD) Stock Price Down 25% – Here’s Why

Grizzly Discoveries Inc. (CVE:GZD)’s share price fell 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 269,187 shares were traded during trading, an increase of 301% from the average session volume of 67,175 shares. The stock had previously closed at C$0.02.

Grizzly Discoveries Stock Performance

The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The firm has a market cap of C$2.39 million, a P/E ratio of -4.31 and a beta of -0.34.

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.