Grizzly Discoveries (CVE:GZD) Trading Down 13.3% – Time to Sell?

Shares of Grizzly Discoveries Inc. (CVE:GZDGet Free Report) traded down 13.3% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.07. 114,669 shares were traded during mid-day trading, a decline of 11% from the average session volume of 129,210 shares. The stock had previously closed at C$0.07.

Grizzly Discoveries Stock Performance

The stock has a market cap of C$15.13 million, a price-to-earnings ratio of -6.48 and a beta of 0.89. The stock’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.05. The company has a quick ratio of 5.15, a current ratio of 3.13 and a debt-to-equity ratio of 2.23.

Grizzly Discoveries Company Profile

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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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