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Japan Gold (CVE:JG) Shares Up 50% - Here's Why

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged 50% during mid-day trading, reaching a price of C$0.17, with trading volume increasing 655% from the average.
  • The company's market capitalization is approximately C$50.30 million and has a negative PE ratio of -5.50.
  • Japan Gold primarily focuses on gold exploration in Japan, holding a portfolio of 34 projects across the country's main islands.
  • MarketBeat previews top five stocks to own in October.

Shares of Japan Gold Corp. (CVE:JG - Get Free Report) shot up 50% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 894,784 shares were traded during mid-day trading, an increase of 655% from the average session volume of 118,590 shares. The stock had previously closed at C$0.11.

Japan Gold Stock Up 50.0%

The company's 50 day moving average price is C$0.10 and its two-hundred day moving average price is C$0.10. The firm has a market cap of C$50.30 million, a PE ratio of -5.50 and a beta of 0.38. The company has a current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36.

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.

Further Reading

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