Japan Gold Corp. (CVE:JG – Get Free Report) shares dropped 25% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 604,002 shares were traded during mid-day trading, an increase of 1,046% from the average daily volume of 52,698 shares. The stock had previously closed at C$0.08.
Japan Gold Trading Down 25.0 %
The firm’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.07. The company has a quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36. The company has a market cap of C$15.39 million, a P/E ratio of -6.00 and a beta of 0.65.
About Japan Gold
Japan Gold Corp., a mineral exploration company, engages in the exploration and evaluation of mineral properties in Japan. The company primarily explores for gold deposits. It holds a portfolio of 34 gold projects located on Hokkaido, Honshu, and Kyushu islands of Japan. The company is headquartered in Vancouver, Canada.
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