Japan Gold Corp (CVE:JG)’s share price dropped 26.5% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 106,500 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 77,592 shares. The stock had previously closed at C$0.17.
The company has a debt-to-equity ratio of 7.54, a current ratio of 0.35 and a quick ratio of 0.24.
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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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