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Japan Gold (CVE:JG) Trading 39.4% Higher - Here's What Happened

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. saw its share price surge by 39.4% during mid-day trading, reaching a high of C$0.26 and closing at C$0.23, significantly above its previous close of C$0.17.
  • Trading volume increased by 663% compared to the average daily volume, with approximately 942,618 shares exchanged.
  • The company, focused on exploring gold deposits across 34 projects in Japan, is headquartered in Vancouver, Canada, and has a market capitalization of C$70.12 million.
  • Interested in Japan Gold? Here are five stocks we like better.

Shares of Japan Gold Corp. (CVE:JG - Get Free Report) were up 39.4% during trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares changed hands during trading, an increase of 663% from the average daily volume of 123,495 shares. The stock had previously closed at C$0.17.

Japan Gold Stock Up 32.6%

The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04. The business's 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The company has a market capitalization of C$92.98 million, a PE ratio of -10.17 and a beta of 0.38.

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.

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