JZR Gold (CVE:JZR) Shares Down 1.5% – What’s Next?

JZR Gold Inc. (CVE:JZRGet Free Report) shares traded down 1.5% during mid-day trading on Thursday . The company traded as low as C$0.30 and last traded at C$0.32. 526,262 shares traded hands during trading, an increase of 187% from the average session volume of 183,180 shares. The stock had previously closed at C$0.33.

JZR Gold Trading Down 1.5%

The business’s 50 day simple moving average is C$0.42 and its 200 day simple moving average is C$0.40. The company has a debt-to-equity ratio of 10.82, a current ratio of 0.13 and a quick ratio of 0.07. The company has a market capitalization of C$24.83 million, a price-to-earnings ratio of -10.67 and a beta of -0.72.

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. JZR Gold Inc was incorporated in 1947 and is based in Surrey, Canada.

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