JZR Gold (CVE:JZR) Stock Price Down 8.6% – What’s Next?

JZR Gold Inc. (CVE:JZR) shares traded down 8.6% on Friday . The company traded as low as C$0.25 and last traded at C$0.27. 13,050 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 33,497 shares. The stock had previously closed at C$0.29.

JZR Gold Price 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’s 50 day simple moving average is C$0.21 and its two-hundred day simple moving average is C$0.22. The firm has a market capitalization of C$12.62 million, a PE ratio of -13.25 and a beta of 0.91.

JZR Gold Company Profile

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.