Japan Gold Corp (CVE:JG) shares traded up 20% on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.24. 108,700 shares traded hands during trading, an increase of 7% from the average session volume of 101,823 shares. The stock had previously closed at C$0.20.
The stock has a market capitalization of $22.72 million and a price-to-earnings ratio of -4.55. The company has a quick ratio of 0.24, a current ratio of 0.35 and a debt-to-equity ratio of 7.54.
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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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