Japan Gold (CVE:JG) Shares Up 32.6% - Here's Why

Key Points

• Japan Gold Corp. shares saw a significant surge of 32.6% during trading, reaching a price of C$0.31, with trading volume increasing by 802% from the average.
• The company has a debt-to-equity ratio of 6.36 and a market capitalization of C$92.98 million.
• Japan Gold is engaged in mineral exploration in Japan, focusing primarily on gold deposits across 34 projects in various regions of the country.

Japan Gold Corp. (CVE:JG - Get Free Report) shares traded up 32.6% on Monday . The stock traded as high as C$0.31 and last traded at C$0.31. 1,169,155 shares changed hands 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 Trading Down 14.8%

The firm has a market cap of C$79.26 million, a PE ratio of -8.67 and a beta of 0.38. 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 company's 50 day moving average price is C$0.10 and its two-hundred day moving average price 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.