Japan Gold (CVE:JG) Stock Price Up 32.6% - Time to Buy?

Key Points

• Japan Gold Corp. (CVE:JG) saw its stock price increase by 32.6% during trading on Tuesday, reaching C$0.31, with trading volume up 802% from the average.
• The company's financial metrics include a debt-to-equity ratio of 6.36, a current ratio of 3.97, and a market cap of C$92.98 million.
• Japan Gold focuses on the exploration of gold deposits, holding a portfolio of 34 projects across the islands of Hokkaido, Honshu, and Kyushu in Japan.

Shares of Japan Gold Corp. (CVE:JG - ) rose 32.6% 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 mid-day 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 Down 8.2%

The business has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11. 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 company has a market cap of C$85.36 million, a PE ratio of -9.33 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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