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Grizzly Discoveries stock fell 16.7% to C$0.03 on heavy trading volume, with no clear reason given.
Grizzly Discoveries (CVE:GZD) shares dropped 16.7% on Tuesday, closing at C$0.03 with trading volume nearly doubling to 222,000 shares.
The stock hit a session low of C$0.03, with its 50-day and 200-day moving averages at C$0.03 and C$0.02, respectively.
The company, focused on precious and base metal exploration in Canada, owns the Greenwood and Robocop projects in British Columbia and claim blocks in Alberta’s diamond project.
Market capitalization stood at C$5.16 million, with a negative P/E ratio of -6.48 and a beta of -1.11.
The cause of the decline was not specified, though heightened trading activity and market sentiment may have played a role.
Las acciones de Grizzly Discoveries cayeron un 16,7% a C $ 0,03 en un gran volumen de operaciones, sin una razón clara dada.