Shares of Japan Gold Corp. (CVE:JG – Get Free Report) were down 13% on Wednesday. The stock traded as low as C$0.10 and last traded at C$0.10. 721,000 shares changed hands during mid-day trading, an increase of 327% from the average daily volume of 168,677 shares. The stock had previously closed at C$0.12.
Japan Gold Stock Performance
The firm has a market cap of C$41.89 million, a price-to-earnings ratio of -5.00 and a beta of 0.20. 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 stock has a fifty day moving average price of C$0.08 and a 200-day moving average price of 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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