JZR Gold (CVE:JZR) Stock Price Down 16.3% – Here’s What Happened

JZR Gold Inc. (CVE:JZRGet Free Report) traded down 16.3% during mid-day trading on Friday . The stock 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 8.0%

The business’s 50 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. The firm has a market capitalization of C$29.42 million, a price-to-earnings ratio of -13.33 and a beta of -0.24.

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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