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

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

JZR Gold Stock Down 16.3%

The company has a market capitalization of C$31.99 million, a PE ratio of -14.50 and a beta of -0.24. The company’s fifty day moving average is C$0.40 and its 200-day moving average is C$0.34. The company has a debt-to-equity ratio of 10.82, a quick ratio of 0.07 and a current ratio of 0.13.

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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