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Japan Gold (CVE:JG) Trading 36.4% Higher - Should You Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged 36.4% on Friday, reaching a last trade price of C$0.23, significantly up from a previous close of C$0.17.
  • The trading volume increased by 517% compared to the average session, with 752,368 shares changing hands during the day.
  • Japan Gold focuses on mineral exploration in Japan, holding a portfolio of 34 gold projects across various islands including Hokkaido, Honshu, and Kyushu.
  • MarketBeat previews top five stocks to own in October.

Japan Gold Corp. (CVE:JG - Get Free Report)'s stock price rose 36.4% during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 752,368 shares traded hands during mid-day trading, an increase of 517% from the average daily volume of 121,891 shares. The stock had previously closed at C$0.17.

Japan Gold Trading Up 39.4%

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 business has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.11. The firm has a market cap of C$70.12 million, a price-to-earnings ratio of -7.67 and a beta of 0.38.

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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