Japan Gold (CVE:JG) Shares Up 32.6% - Time to Buy?

Key Points

• Japan Gold Corp. shares rose by 32.6% during trading, closing at C$0.31 after a significant increase in trading volume.
• The company has a debt-to-equity ratio of 6.36 and a market capitalization of C$92.98 million, indicating a high level of leverage.
• Japan Gold primarily focuses on the exploration of gold deposits across 34 projects located on various islands in Japan.

Japan Gold Corp. (CVE:JG - ) traded up 32.6% during trading on Monday . The company 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 Stock Up 32.6%

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 market capitalization of C$92.98 million, a P/E ratio of -10.17 and a beta of 0.38. The stock's fifty day moving average is C$0.10 and its two-hundred day 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.

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