Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada.
+ 1 more risk
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
3 months ago | Simply Wall StCan Grizzly Discoveries (CVE:GZD) Afford To Invest In Growth?
5 months ago | Simply Wall StWhat Percentage Of Grizzly Discoveries Inc (CVE:GZD) Shares Do Insiders Own?
1 year ago | Simply Wall StBefore You Buy Grizzly Discoveries Inc (CVE:GZD), Consider Its Volatility
Is Grizzly Discoveries undervalued compared to its fair value and its price relative to the market?
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).
How is Grizzly Discoveries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of GZD’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Grizzly Discoveries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Grizzly Discoveries performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Griz Testo (67yo)
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.
|Chairman||16.1yrs||no data||10.62% CA$320.7k|
|Chief Financial Officer||8.9yrs||CA$42.75k||0.39% CA$11.8k|
|2yrs||no data||no data|
|2yrs||no data||no data|
|Chief Operating Officer||6.9yrs||no data||1.0% CA$30.2k|
|Consultant||0yrs||no data||no data|
|Investor Relations Consultant||8.4yrs||no data||no data|
Experienced Management: GZD's management team is seasoned and experienced (7.7 years average tenure).
|Chairman||16.1yrs||no data||10.62% CA$320.7k|
|Independent Director||12.3yrs||no data||2.57% CA$77.6k|
|Independent Director||5.7yrs||no data||1.23% CA$37.0k|
|Independent Director||1.4yrs||no data||0.30% CA$9.0k|
Experienced Board: GZD's board of directors are considered experienced (5.7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Grizzly Discoveries Inc.'s company bio, employee growth, exchange listings and data sources
- 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
- Grizzly Discoveries Inc.
- 9768 170 Street NW
- Suite 363
- T5T 5L4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GZD||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2004|
|G6H||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2004|
|GZDI.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2004|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 00:31|
|End of Day Share Price||2020/02/25 00:00|
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.