Japan Gold Corp. (CVE:JG – Get Free Report) dropped 15.4% during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 290,700 shares changed hands during mid-day trading, an increase of 157% from the average daily volume of 113,038 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 stock has a market cap of C$29.50 million, a P/E ratio of -6.00 and a beta of 0.65. The company’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.09.
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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