Japan Gold (CVE:JG) Trading Down 12% – Here’s What Happened

Japan Gold Corp. (CVE:JGGet Free Report) was down 12% on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 135,500 shares changed hands during trading, an increase of 17% from the average daily volume of 115,977 shares. The stock had previously closed at C$0.13.

Japan Gold Stock Performance

The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97. The firm has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.08. The company has a market capitalization of C$28.22 million, a P/E 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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