TSXV:GZD

Stock Analysis Report

Grizzly Discoveries

Executive Summary

Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Grizzly Discoveries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GZD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

GZD

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

-10.0%

GZD

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: GZD underperformed the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: GZD underperformed the Canadian Market which returned 2.5% over the past year.


Shareholder returns

GZDIndustryMarket
7 Day0%-1.5%-3.8%
30 Day50.0%3.2%-2.0%
90 Day50.0%10.2%-0.3%
1 Year-10.0%-10.0%5.6%4.9%3.7%0.5%
3 Year-10.0%-10.0%-1.9%-3.6%13.6%3.4%
5 Year-10.0%-10.0%28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

How volatile is Grizzly Discoveries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Grizzly Discoveries undervalued compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GZD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GZD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GZD is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: GZD is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GZD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GZD is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Grizzly Discoveries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grizzly Discoveries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Grizzly Discoveries performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GZD is currently unprofitable.

Growing Profit Margin: GZD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GZD is unprofitable, and losses have increased over the past 5 years at a rate of -8.5% per year.

Accelerating Growth: Unable to compare GZD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GZD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: GZD has a negative Return on Equity (-2.64%), as it is currently unprofitable.


Next Steps

Financial Health

How is Grizzly Discoveries's financial position?


Financial Position Analysis

Short Term Liabilities: GZD's short term assets (CA$184.9K) exceed its short term liabilities (CA$66.2K).

Long Term Liabilities: GZD's short term assets (CA$184.9K) do not cover its long term liabilities (CA$206.9K).


Debt to Equity History and Analysis

Debt Level: GZD is debt free.

Reducing Debt: GZD has not had any debt for past 5 years.


Balance Sheet

Inventory Level: GZD has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GZD's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GZD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GZD has less than a year of cash runway if free cash flow continues to reduce at historical rates of -17.3% each year


Next Steps

Dividend

What is Grizzly Discoveries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GZD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GZD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GZD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GZD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GZD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.7yrs

Average management tenure


CEO

Griz Testo (67yo)

16.1yrs

Tenure

Mr. Brian R. Testo, also known as Griz, has been the President and Chief Executive Officer of Grizzly Discoveries Inc. (also known as Grizzly Diamonds Ltd.) since January 2004. Mr. Testo has served in such ...


CEO Compensation Analysis

Compensation vs Market: Griz's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD154.48K).

Compensation vs Earnings: Griz's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Brian Testo
Chairman16.1yrsno data10.62% CA$320.7k
Jeremy Strautman
Chief Financial Officer8.9yrsCA$42.75k0.39% CA$11.8k
Douglas Turnbull
2yrsno datano data
Fraser Atkinson
2yrsno datano data
Ian Lambert
Chief Operating Officer6.9yrsno data1.0% CA$30.2k
Michael Dufresne
Consultant0yrsno datano data
Stephen Smart
Investor Relations Consultant8.4yrsno datano data

7.7yrs

Average Tenure

61yo

Average Age

Experienced Management: GZD's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brian Testo
Chairman16.1yrsno data10.62% CA$320.7k
Samuel Pillersdorf
Independent Director12.3yrsno data2.57% CA$77.6k
Ray Wytinck
Independent Director5.7yrsno data1.23% CA$37.0k
Joanne Price
Independent Director1.4yrsno data0.30% CA$9.0k

5.7yrs

Average Tenure

Experienced Board: GZD's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GZD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.


Top Shareholders

Company Information

Grizzly Discoveries Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grizzly Discoveries Inc.
  • Ticker: GZD
  • Exchange: TSXV
  • Founded: 2002
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.019m
  • Shares outstanding: 67.09m
  • Website: https://www.grizzlydiscoveries.com

Location

  • Grizzly Discoveries Inc.
  • 9768 170 Street NW
  • Suite 363
  • Edmonton
  • Alberta
  • T5T 5L4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GZDTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2004
G6HDB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2004
GZDI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2004

Biography

Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, silver, cobalt, potash, diamond, and base and precious metal deposits. As of November 8, 2019, it had interests in approximately 180,000 acres of precious-base metal properties at its Greenwood property; and approximately 10,000 acres with cobalt-copper-silver mineralization at its Robocop property located in southeastern British Columbia. The company was formerly known as Grizzly Diamonds Ltd. and changed its name to Grizzly Discoveries Inc. in January 2010. Grizzly Discoveries Inc. was incorporated in 2002 and is headquartered in Edmonton, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 00:31
End of Day Share Price2020/02/25 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.