Japan Gold (CVE:JG) Stock Price Down 11.8% - Time to Sell?

Key Points

• Japan Gold Corp. shares dropped by 11.8% to trade as low as C$0.22, marking a significant decline from its previous close at C$0.26.
• The company's current market capitalization stands at C$68.59 million, with a negative PE ratio of -7.50 and a notably high debt-to-equity ratio of 6.36.
• Japan Gold Corp. focuses on exploring gold deposits in Japan, holding a portfolio of 34 projects spread across Hokkaido, Honshu, and Kyushu islands.

Shares of Japan Gold Corp. (CVE:JG - ) traded down 11.8% on Thursday . The stock traded as low as C$0.22 and last traded at C$0.23. 108,614 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 133,934 shares. The stock had previously closed at C$0.26.

Japan Gold Trading Down 11.8%

The stock has a market capitalization of C$68.59 million, a PE ratio of -7.50 and a beta of 0.38. The company has a 50 day moving average of C$0.11 and a two-hundred day moving average of C$0.11. The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97.

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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