Japan Gold (CVE:JG) Trading Down 14.1% - Time to Sell?

Key Points

• Japan Gold Corp. shares fell by 14.1% to C$0.26, with trading volume increasing by 342% compared to average levels.
• The company has a debt-to-equity ratio of 6.36 and a market capitalization of C$82.31 million, indicating financial challenges.
• Japan Gold is focused on exploring gold deposits in Japan, with a portfolio of 34 projects across Hokkaido, Honshu, and Kyushu islands.

Japan Gold Corp. (CVE:JG - )'s share price traded down 14.1% on Tuesday . The company traded as low as C$0.26 and last traded at C$0.26. 584,779 shares were traded during mid-day trading, an increase of 342% from the average session volume of 132,356 shares. The stock had previously closed at C$0.31.

Japan Gold Stock Performance

The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04. The stock has a market capitalization of C$82.31 million, a PE ratio of -9.00 and a beta of 0.38. The stock has a 50 day moving average of C$0.10 and a two-hundred day moving average 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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