JZR Gold (CVE:JZR) Stock Price Down 9.3% – Here’s Why

JZR Gold Inc. (CVE:JZR) shares fell 9.3% during trading on Thursday . The company traded as low as C$0.25 and last traded at C$0.25. 7,556 shares traded hands during trading, a decline of 95% from the average session volume of 158,969 shares. The stock had previously closed at C$0.27.

JZR Gold Trading Down 9.3%

The company has a current ratio of 0.13, a quick ratio of 0.07 and a debt-to-equity ratio of 10.82. The firm has a market cap of C$19.42 million, a PE ratio of -12.25 and a beta of -1.12. The firm has a fifty day simple moving average of C$0.36 and a two-hundred day simple moving average of C$0.40.

About JZR Gold

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.