Shares of Japan Gold Corp. (CVE:JG – Get Free Report) dropped 18.8% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,381,002 shares changed hands during 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 Price Performance
The stock has a market cap of C$16.67 million, a P/E ratio of -6.00 and a beta of 0.65. The company’s 50 day moving average price is C$0.07 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.
Japan Gold Company Profile
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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