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Japan Gold (CVE:JG) Shares Up 39.4% - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 39.4% recently, reaching a trading price of C$0.23 from the previous close of C$0.17.
  • Trading volume for the stock increased by a remarkable 663%, with approximately 942,618 shares changing hands.
  • The company holds a portfolio of 34 gold projects across major islands in Japan, focusing on gold exploration.
  • Five stocks to consider instead of Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report)'s share price rose 39.4% on Saturday . The stock traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares were traded during mid-day 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 Price Performance

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 firm has a market capitalization of C$92.98 million, a PE ratio of -10.17 and a beta of 0.38. The company has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.11.

Japan Gold Company Profile

(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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