Grim

A team of spelunkers, when investigating a system of caves beneath a small town, come across a hideous creature that can move through walls.

Grim is a 1996 horror movie directed by Paul Matthews, starring Jack Chancer, Michael Fitzpatrick, Peter Tregloan. It holds an IMDb rating of 2.4/10 from 1,263 votes and runs 1h 26m.