Japan Gold (CVE:JG) Trading Down 13.7% - Here's Why

Key Points

• Japan Gold Corp. shares fell by 13.7%, trading at C$0.22 compared to the previous close of C$0.26.
• The company has a market cap of C$73.16 million and a negative price-to-earnings ratio of -8.00, indicating financial challenges.
• Japan Gold is a mineral exploration company focused on gold deposits, with a portfolio of 34 projects across Japan's main islands.

Shares of Japan Gold Corp. (CVE:JG - ) traded down 13.7% on Thursday . The company traded as low as C$0.22 and last traded at C$0.22. 115,283 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 133,999 shares. The stock had previously closed at C$0.26.

Japan Gold Stock Performance

The company has a market cap of C$73.16 million, a price-to-earnings ratio of -8.00 and a beta of 0.38. 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 stock has a 50 day moving average price of C$0.11 and a two-hundred day moving average price of 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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