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

Key Points

• Japan Gold Corp. shares surged by 39.4% during trading, reaching a high of C$0.26 and closing at C$0.23.
• The trading volume increased significantly to approximately 942,618 shares, which is a 663% rise from the average daily volume.
• Japan Gold specializes in mineral exploration, focusing on gold deposits with a portfolio of 34 projects across various islands in Japan.

Japan Gold Corp. (CVE:JG - )'s stock price was up 39.4% during trading on Friday . The stock 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 39.4%

The stock has a market cap of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38. 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 firm has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10.

About Japan Gold

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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