Grizzly Discoveries Inc. (CVE:GZD – Get Free Report) shares traded up 13.3% on Monday . The company traded as high as C$0.10 and last traded at C$0.09. 835,406 shares changed hands during trading, an increase of 469% from the average daily volume of 146,736 shares. The stock had previously closed at C$0.07.
Grizzly Discoveries Stock Up 13.3%
The firm has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of 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. The stock has a market cap of C$19.79 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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