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 six months ended 31 January 2024, Grizzly Discoveries Inc revenues decreased 84% to C$51K. Net loss increased 79% to C$231K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Share based compensation increase from C$0K to C$25K (expense), Interest income decrease of 74% to C$7K (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $4.36M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.07M as of Jan 31, 2024 |
EBITDA (TTM): | -$0.79M as of Jan 31, 2024 |
Net annual income (TTM): | -$0.84M as of Jan 31, 2024 |
Free cash flow (TTM): | -$1.38M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 152,669,619 as of Feb 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |