Free Trial

Japan Gold (CVE:JG) Trading 39.4% Higher - Here's What Happened

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.
  • Interested in Japan Gold? Here are five stocks we like better.

Japan Gold Corp. (CVE:JG - Get Free Report)'s share price rose 39.4% during trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares were traded 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 Stock Up 32.6%

The stock has a market capitalization of C$92.98 million, a PE ratio of -10.17 and a beta of 0.38. The company has a 50 day moving average price of C$0.10 and a 200-day moving average price of C$0.11. The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04.

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.

See Also

Should You Invest $1,000 in Japan Gold Right Now?

Before you consider Japan Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Japan Gold wasn't on the list.

While Japan Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.