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Japan Gold (CVE:JG) Trading Up 21.7% - Should You Buy?

Japan Gold logo with Basic Materials background

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.
  • Interested in Japan Gold? Here are five stocks we like better.

Japan Gold Corp. (CVE:JG - Get Free Report) was up 21.7% during mid-day trading on Monday . The stock traded as high as C$0.30 and last traded at C$0.28. Approximately 830,521 shares changed hands during 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 Price Performance

The stock has a market capitalization of C$86.88 million, a price-to-earnings ratio of -9.50 and a beta of 0.38. The business has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11. The company has a quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36.

Japan Gold Company Profile

(Get Free Report)

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.

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