Grizzly Discoveries (CVE:GZD) Reaches New 12-Month High – Time to Buy?

Shares of Grizzly Discoveries Inc. (CVE:GZD) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 284868 shares. The stock had previously closed at C$0.08.

Grizzly Discoveries Price Performance

The company has a current ratio of 7.10, a quick ratio of 5.15 and a debt-to-equity ratio of 2.33. The stock has a market capitalization of C$20.49 million, a PE ratio of -6.48 and a beta of 0.11. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.03.

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.