Shares of Japan Gold Corp (CVE:JG) were down 13.5% on Thursday . The company traded as low as C$0.22 and last traded at C$0.23. Approximately 345,365 shares were traded during trading, an increase of 211% from the average daily volume of 111,119 shares. The stock had previously closed at C$0.26.
The company has a debt-to-equity ratio of 7.54, a quick ratio of 0.24 and a current ratio of 0.35. The stock has a market cap of $22.72 million and a P/E ratio of -4.73.
About Japan Gold (CVE:JG)
Japan Gold Corp., a mineral exploration company, focuses on gold and copper exploration activities in Japan. As of October 24, 2018, its property portfolio consisted of approximately 17 projects covering an area of 71,529 hectares with 216 prospecting rights licenses. Japan Gold Corp. has strategic alliance with First Quantum Minerals Ltd.
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