JZR Gold (CVE:JZR) Stock Price Down 16.3% – Time to Sell?

JZR Gold Inc. (CVE:JZRGet Free Report)’s share price was down 16.3% on Thursday . The company traded as low as C$0.44 and last traded at C$0.44. Approximately 659,073 shares traded hands 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 Trading Down 16.3%

The company’s 50 day simple moving average is C$0.40 and its 200-day simple moving average is C$0.34. The firm has a market cap of C$31.99 million, a P/E ratio of -14.50 and a beta of -0.24. The company has a quick ratio of 0.07, a current ratio of 0.13 and a debt-to-equity ratio of 10.82.

About JZR Gold

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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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