Japan Gold (CVE:JG) Stock Price Up 24.2% - What's Next?

Key Points

• Japan Gold Corp. (CVE:JG) saw a significant stock price increase of 24.2% during trading, reaching a high of C$0.22 and closing at C$0.21.
• The company's trading volume soared by 466%, with approximately 689,368 shares traded compared to an average of 121,891 shares.
• Japan Gold focuses on the exploration of gold deposits in Japan and holds a portfolio of 34 gold projects across various islands, including Hokkaido and Honshu.

Shares of Japan Gold Corp. (CVE:JG - ) rose 24.2% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 689,368 shares changed hands during trading, an increase of 466% from the average daily volume of 121,891 shares. The stock had previously closed at C$0.17.

Japan Gold Stock Up 42.4%

The company has a quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36. The company has a market capitalization of C$71.64 million, a price-to-earnings ratio of -7.83 and a beta of 0.38. The stock's fifty day moving average price is C$0.10 and its 200-day moving average price is 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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