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

JZR Gold Inc. (CVE:JZR)’s stock price fell 16.3% during 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 mid-day 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 Performance

The company’s 50-day simple moving average is C$0.40 and its 200 day simple moving average is C$0.34. 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 stock has a market cap of C$31.99 million, a P/E ratio of -14.50 and a beta of -0.24.

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.