Japan Gold (CVE:JG) Shares Down 11.5% - What's Next?

Key Points

• Japan Gold Corp. (CVE:JG) shares dropped by 11.5% during mid-day trading, with the stock reaching a low of C$0.26 before recovering to C$0.27.
• The trading volume increased significantly, with 537,679 shares changing hands, up 308% from the average volume of 131,851 shares.
• Japan Gold Corp. focuses on exploring and evaluating gold deposits across 34 projects located in Japan's Hokkaido, Honshu, and Kyushu islands.

Japan Gold Corp. (CVE:JG - ) fell 11.5% during mid-day trading on Tuesday . The stock traded as low as C$0.26 and last traded at C$0.27. 537,679 shares traded hands during trading, an increase of 308% from the average session volume of 131,851 shares. The stock had previously closed at C$0.31.

Japan Gold Price Performance

The company has a current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36. The firm has a market cap of C$82.31 million, a P/E ratio of -9.00 and a beta of 0.38. The firm has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.11.

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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