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

JZR Gold Inc. (CVE:JZRGet Free Report)’s stock price was down 16.3% on Friday . 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 8.0%

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 company has a market capitalization of C$29.42 million, a P/E ratio of -13.33 and a beta of -0.24. The company’s fifty day simple moving average is C$0.40 and its 200-day simple moving average is C$0.34.

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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