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Japan Gold (CVE:JG) Trading Up 39.4% - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 39.4%, trading at C$0.23, following an increase of 663% in mid-day trading volume compared to the average.
  • The company has a debt-to-equity ratio of 6.36 and a market capitalization of C$70.12 million, reflecting its financial health amidst rising stock prices.
  • Japan Gold is focused on exploring gold deposits in Japan, managing a portfolio of 34 projects across multiple islands.
  • MarketBeat previews the top five stocks to own by October 1st.

Japan Gold Corp. (CVE:JG - Get Free Report) 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 traded 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 Trading Up 39.4%

The business has a 50 day simple moving average of C$0.10 and a 200-day simple moving average 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. The stock has a market capitalization of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38.

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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