JZR Gold (CVE:JZR) Stock Price Up 1.1% – Time to Buy?

JZR Gold Inc. (CVE:JZR) shares shot up 1.1% on Tuesday . The stock traded as high as C$0.46 and last traded at C$0.45. 50,202 shares traded hands during trading, a decline of 68% from the average session volume of 157,163 shares. The stock had previously closed at C$0.44.

JZR Gold Trading Up 1.1%

The company’s 50 day simple moving average is C$0.46 and its 200 day simple moving average is C$0.39. The company has a debt-to-equity ratio of 10.82, a current ratio of 0.13 and a quick ratio of 0.07. The firm has a market cap of C$34.52 million, a price-to-earnings ratio of -14.83 and a beta of -0.26.

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