Japan Gold (CVE:JG) Shares Up 21.7% - Still a Buy?

Key Points

• Japan Gold Corp. shares experienced a significant increase of 21.7%, trading at C$0.28 after reaching a high of C$0.30 amid a notable trading volume surge.
• The company, focused on gold exploration in Japan, operates 34 gold projects across multiple islands, including Hokkaido, Honshu, and Kyushu.
• Japan Gold's market capitalization stands at C$89.93 million, with a PE ratio of -9.83 and a debt-to-equity ratio of 6.36.

Shares of Japan Gold Corp. (CVE:JG - ) were up 21.7% during trading on Monday . The company traded as high as C$0.30 and last traded at C$0.28. Approximately 830,521 shares were traded during mid-day trading, an increase of 556% from the average daily volume of 126,518 shares. The stock had previously closed at C$0.23.

Japan Gold Trading Up 28.3%

The firm has a market cap of C$89.93 million, a PE ratio of -9.83 and a beta of 0.38. The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97. The stock's 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11.

Japan Gold Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.