Grizzly Discoveries (CVE:GZD) Sets New 1-Year High – What’s Next?

Grizzly Discoveries Inc. (CVE:GZD) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 840054 shares. The stock had previously closed at C$0.03.

Grizzly Discoveries Stock Down 14.3%

The stock has a market capitalization of C$6.19 million, a price-to-earnings ratio of -6.48 and a beta of -1.11. The business has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.02.

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. The company also holds an interest at the Alberta diamond project consisting of two wholly owned claim blocks in the Buffalo Head Hills.