Japan Gold (CVE:JG) Shares Up 39.4% - Should You Buy?

Key Points

• Japan Gold Corp. shares surged 39.4% during trading, reaching a high of C$0.26 from a previous close of C$0.17.
• The company has a market cap of C$70.12 million and notable financial ratios, including a debt-to-equity ratio of 6.36.
• Japan Gold focuses on exploring gold deposits, holding a portfolio of 34 projects across Japan's major islands.

Japan Gold Corp. (CVE:JG - ) shares shot up 39.4% during mid-day trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.23. 942,618 shares changed hands during 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 Stock Up 39.4%

The company has a current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36. The firm has a market cap of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38. The business has a 50-day moving average price of C$0.10 and a 200-day moving average price of 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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