Japan Gold (CVE:JG) Stock Price Up 32.6% - Here's Why

Key Points

• Japan Gold Corp.'s stock price surged 32.6% during mid-day trading, reaching C$0.31 after previously closing at C$0.23.
• Trading volume increased significantly with approximately 1,169,155 shares exchanged, reflecting an 802% rise from its average daily volume.
• The company, focused on gold exploration in Japan, holds a portfolio of 34 projects across various islands including Hokkaido and Honshu.

Japan Gold Corp. (CVE:JG - )'s stock price rose 32.6% during mid-day trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 1,169,155 shares changed hands during trading, an increase of 802% from the average daily volume of 129,682 shares. The stock had previously closed at C$0.23.

Japan Gold Stock Up 32.6%

The business has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.11. 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 stock has a market capitalization of C$92.98 million, a price-to-earnings ratio of -10.17 and a beta of 0.38.

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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