Japan Gold (CVE:JG) Shares Down 18.8% – Here’s Why

Japan Gold Corp. (CVE:JGGet Free Report) dropped 18.8% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 1,381,002 shares were traded during mid-day trading, an increase of 1,109% from the average daily volume of 114,270 shares. The stock had previously closed at C$0.08.

Japan Gold Stock Down 18.8 %

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 business’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.07. The firm has a market capitalization of C$16.67 million, a PE ratio of -6.00 and a beta of 0.65.

About Japan Gold

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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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