Japan Gold (CVE:JG) Shares Up 32.6% - Should You Buy?

Key Points

• Japan Gold Corp. shares experienced a significant increase of 32.6%, trading at C$0.31, with trading volume up by 802% compared to average activity.
• The company has a debt-to-equity ratio of 6.36 and a market capitalization of C$92.98 million, indicating high leverage and significant market value.
• Japan Gold is involved in the exploration of gold deposits across 34 projects located in various Japanese islands, highlighting its focus on mineral exploration.

Japan Gold Corp. (CVE:JG - )'s stock price shot up 32.6% during mid-day trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31. 1,169,155 shares were traded during mid-day trading, an increase of 802% from the average session volume of 129,682 shares. The stock had previously closed at C$0.23.

Japan Gold Price Performance

The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04. The stock has a 50 day moving average price of C$0.10 and a 200-day moving average price of C$0.11. The stock has a market capitalization of C$92.98 million, a price-to-earnings ratio of -10.17 and a beta of 0.38.

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.

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