JZR Gold (CVE:JZR) Trading Down 16.7% – Here’s Why

Shares of JZR Gold Inc. (CVE:JZRGet Free Report) were down 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 160,954 shares changed hands during trading, an increase of 26% from the average daily volume of 128,181 shares. The stock had previously closed at C$0.30.

JZR Gold Trading Down 11.7%

The firm has a market cap of C$21.00 million, a P/E ratio of -13.25 and a beta of -0.56. The company’s 50 day moving average is C$0.28 and its two-hundred day moving average is C$0.38. The company has a debt-to-equity ratio of 10.82, a current ratio of 0.13 and a quick ratio of 0.07.

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

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