JZR Gold (CVE:JZR) Stock Price Up 17.6% – What’s Next?

JZR Gold Inc. (CVE:JZR) rose 17.6% during trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 355,576 shares were traded during mid-day 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 Trading Up 16.1%

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$25.76 million, a P/E ratio of -16.25 and a beta of -0.37. The firm’s 50-day simple moving average is C$0.29 and its 200 day simple moving average is 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.