JZR Gold (CVE:JZR) Stock Price Up 45.7% – Still a Buy?

JZR Gold Inc. (CVE:JZRGet Free Report) shares rose 45.7% during mid-day trading on Friday . The stock traded as high as C$0.84 and last traded at C$0.51. Approximately 1,616,540 shares changed hands during trading, an increase of 2,800% from the average daily volume of 55,750 shares. The stock had previously closed at C$0.35.

JZR Gold Stock Down 2.0%

The company has a quick ratio of 0.07, a current ratio of 0.13 and a debt-to-equity ratio of 10.82. The business has a fifty day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.30. The company has a market capitalization of C$28.38 million, a price-to-earnings ratio of -16.67 and a beta of 0.01.

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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