Grizzly Discoveries (CVE:GZD) Reaches New 52-Week High – Still a Buy?

Grizzly Discoveries Inc. (CVE:GZD) shares reached a new 52-week high during trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 28000 shares. The stock had previously closed at C$0.04.

Grizzly Discoveries Price Performance

The firm has a market cap of C$8.26 million, a PE ratio of -6.48 and a beta of -0.51. The business has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

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.