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Japan Gold (CVE:JG) Stock Price Up 40.9% - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 40.9% on Thursday, reaching a last trading price of C$0.16 after previously closing at C$0.11.
  • The trading volume increased significantly, with 690,774 shares changing hands, a 489% increase from the average session volume.
  • The company specializes in exploring mineral properties in Japan, primarily focusing on gold deposits across 34 projects on various islands.
  • Five stocks to consider instead of Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report) shares were up 40.9% on Thursday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 690,774 shares were traded during trading, an increase of 489% from the average daily volume of 117,226 shares. The stock had previously closed at C$0.11.

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's 50 day moving average price is C$0.10 and its two-hundred day moving average price is C$0.11. The company has a market capitalization of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38.

Japan Gold Company Profile

(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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