Yes. This noise is usually indicative of a problem with the CV axle, which connects the car's wheels to the transmission. If the issue is the CV axle being worn out, the grinding noise will be deep and happen at low speeds, usually as you are turning or stopping. In some cases, the CV joint may need to be replaced.  However, if the problem is caught early enough, it may be possible to simply lubricate the CV joint and extend its lifespan.