Japan Gold (CVE:JG) Stock Price Down 11.1% - Time to Sell?

Key Points

• Japan Gold Corp. (CVE:JG) experienced a significant stock decline of 11.1%, closing at C$0.24 after trading as low as C$0.23.
• The company has a substantially high debt-to-equity ratio of 6.36, with a market cap of C$73.16 million and a negative price-to-earnings ratio of -8.00.
• Japan Gold is focused primarily on exploring for gold deposits and holds a portfolio of 34 gold projects across Hokkaido, Honshu, and Kyushu islands in Japan.

Japan Gold Corp. (CVE:JG - )'s stock price traded down 11.1% on Wednesday . The company traded as low as C$0.23 and last traded at C$0.24. 325,886 shares were traded during trading, an increase of 144% from the average session volume of 133,676 shares. The stock had previously closed at C$0.27.

Japan Gold Stock Down 11.1%

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$73.16 million, a price-to-earnings ratio of -8.00 and a beta of 0.38. The business's 50 day moving average is C$0.11 and its 200 day moving average is C$0.11.

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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