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Japan Gold (CVE:JG) Shares Up 39.4% - What's Next?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. saw a significant stock price increase of 39.4%, with shares trading as high as C$0.26 before closing at C$0.23.
  • The trading volume surged to approximately 942,618 shares, marking a 663% increase from its average daily volume of 123,495 shares.
  • Japan Gold is involved in the exploration of gold deposits across 34 projects located on the islands of Hokkaido, Honshu, and Kyushu in Japan.
  • MarketBeat previews top five stocks to own in November.

Japan Gold Corp. (CVE:JG - Get Free Report) shot up 39.4% on Saturday . The stock traded as high as C$0.26 and last traded at C$0.23. 942,618 shares were traded during mid-day trading, an increase of 663% from the average session volume of 123,495 shares. The stock had previously closed at C$0.17.

Japan Gold Price Performance

The company has a market cap of C$92.98 million, a P/E ratio of -10.17 and a beta of 0.38. The company has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.11. The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97.

About Japan Gold

(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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