JZR Gold (CVE:JZR) Shares Down 16.3% – Should You Sell?

JZR Gold Inc. (CVE:JZRGet Free Report) shares dropped 16.3% during trading on Friday . The company traded as low as C$0.44 and last traded at C$0.44. Approximately 659,073 shares were traded during 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 Stock Performance

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 50 day moving average of C$0.40 and a 200 day 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

(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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