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Japan Gold (CVE:JG) Trading 39.4% Higher - Should You Buy?

Japan Gold logo with Basic Materials background

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.
  • MarketBeat previews the top five stocks to own by November 1st.

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

Japan Gold Trading Up 32.6%

The firm has a market cap of C$92.98 million, a price-to-earnings ratio of -10.17 and a beta of 0.38. 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.

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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