JZR Gold (CVE:JZR) Shares Down 16.3% – Here’s Why

JZR Gold Inc. (CVE:JZRGet Free Report) was down 16.3% on Thursday . The stock traded as low as C$0.44 and last traded at C$0.44. Approximately 659,073 shares were traded during mid-day trading, an increase of 660% from the average daily volume of 86,738 shares. The stock had previously closed at C$0.52.

JZR Gold Price Performance

The company has a current ratio of 0.13, a quick ratio of 0.07 and a debt-to-equity ratio of 10.82. The business has a fifty day simple moving average of C$0.40 and a 200 day simple moving average of C$0.34. The stock has a market capitalization of C$29.42 million, a P/E ratio of -13.33 and a beta of -0.24.

JZR Gold Company Profile

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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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