JZR Gold (CVE:JZR) Shares Down 8.6% – Time to Sell?

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

JZR Gold Stock Down 8.6 %

The company has a market cap of C$12.62 million, a PE ratio of -13.25 and a beta of 0.91. The company’s 50 day moving average is C$0.21 and its 200 day moving average is C$0.22. The company has a current ratio of 0.13, a quick ratio of 0.07 and a debt-to-equity ratio of 10.82.

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.

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