JZR Gold (CVE:JZR) Stock Price Up 40% – Still a Buy?

JZR Gold Inc. (CVE:JZRGet Free Report)’s stock price rose 40% on Thursday . The company traded as high as C$0.35 and last traded at C$0.35. Approximately 248,214 shares changed hands during mid-day trading, an increase of 439% from the average daily volume of 46,056 shares. The stock had previously closed at C$0.25.

JZR Gold Trading Up 40.0%

The business’s 50-day moving average is C$0.29 and its two-hundred day moving average is C$0.30. The company has a debt-to-equity ratio of 10.82, a quick ratio of 0.07 and a current ratio of 0.13. The stock has a market capitalization of C$19.87 million, a PE ratio of -11.67 and a beta of 0.01.

About JZR Gold

(Get Free Report)

JZR Gold Inc, a junior mining resource company, engages in the exploration and development of mineral properties. Its flagship property is the Vila Nova gold development project located in Amapa, Brazil. The company was formerly known as Jazz Resources Inc and changed its name to JZR Gold Inc in October 2022.

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