JZR Gold (CVE:JZR) Stock Price Up 17.6% – Time to Buy?

JZR Gold Inc. (CVE:JZR)’s stock price rose 17.6% on Thursday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 355,576 shares were traded during trading, an increase of 163% from the average daily volume of 135,188 shares. The stock had previously closed at C$0.26.

JZR Gold Price Performance

The firm has a market cap of C$22.19 million, a price-to-earnings ratio of -14.00 and a beta of -0.37. The business’s 50-day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.40. 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

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.