Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Grizzly Discoveries Inc. (V:GZD)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 363-9768 170 STREET NW
EDMONTON AB T5T 5L4
Tel: 1-778-7882745
Website: https://www.grizzlydiscoveries.com
IR: See website
Key People
Brian R. Testo
President, Chief Executive Officer, Director
Jeremy Strautman
Chief Financial Officer
 
Business Overview
Grizzly Discoveries Inc. is a Canada-based diversified mineral exploration company. The Company is focused on developing its approximately 66,000 hectares (ha) (165,000 acres) of precious and base metals properties in southeastern British Columbia. The Company is targeting a number of new and existing high-priority battery metals targets at Robocop (copper, cobalt and silver) along with precious metals-battery metals targets at Greenwood (gold-silver-copper and other base metals). The Robocop Property is located in southeastern British Columbia, approximately 45 kilometers (km) south of Fernie and 70 km southeast of Cranbrook and is immediately north of the Canada-United States border. The Robocop Property is comprised of five mineral claims totaling 5,864 acres and is located east of its Greenwood Property in southeastern British Columbia. The Greenwood Project also sits less than 10 km north of the Buckhorn Gold Mine, Kinross producing gold mine in the United States.
Financial Overview
For the nine months ended 30 April 2024, Grizzly Discoveries Inc revenues decreased 85% to C$53K. Net loss decreased 17% to C$447K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Reclamation decrease from C$213K (expense) to C$0K, Share based compensation decrease of 55% to C$115K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.75M as of Apr 30, 2024
Annual revenue (TTM): $0.05M as of Apr 30, 2024
EBITDA (TTM): -$0.61M as of Apr 30, 2024
Net annual income (TTM): -$0.64M as of Apr 30, 2024
Free cash flow (TTM): -$0.96M as of Apr 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 152,669,619 as of Apr 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization