Grizzly Discoveries (CVE:GZD) Sets New 52-Week Low – Should You Sell?

Grizzly Discoveries Inc. (CVE:GZDGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 20000 shares. The stock had previously closed at C$0.03.

Grizzly Discoveries Stock Performance

The company has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The firm has a market capitalization of C$3.19 million, a P/E ratio of -2.00 and a beta of -0.34.

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.

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