Japan Gold Corp. (CVE:JG) Insider Southern Arc Minerals Inc. Sells 228,510 Shares

Japan Gold Corp. (CVE:JG) insider Southern Arc Minerals Inc. sold 228,510 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of C$0.08, for a total transaction of C$17,138.25.

Japan Gold Stock Down 6.7 %

Shares of CVE JG traded down C$0.01 during midday trading on Friday, reaching C$0.07. 405,000 shares of the company’s stock traded hands, compared to its average volume of 77,565. The company has a quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36. The stock’s 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.08. Japan Gold Corp. has a one year low of C$0.04 and a one year high of C$0.18. The company has a market cap of C$17.96 million, a price-to-earnings ratio of -6.00 and a beta of 0.65.

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.