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Japan Gold (CVE:JG) Trading 39.4% Higher - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares rose 39.4% during mid-day trading, reaching a high of C$0.26 with trading volume increasing by 663% compared to the average.
  • The company, focused on mineral exploration primarily for gold in Japan, has a market capitalization of C$70.12 million and operates 34 gold projects across Japan's major islands.
  • Key financial metrics include a quick ratio of 6.04 and a current ratio of 3.97, indicating a strong liquidity position despite a negative PE ratio of -7.67.
  • MarketBeat previews the top five stocks to own by October 1st.

Japan Gold Corp. (CVE:JG - Get Free Report)'s share price was 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 traded hands 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 Trading Up 39.4%

The company has a market cap of C$70.12 million, a price-to-earnings ratio of -7.67 and a beta of 0.38. 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 has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.11.

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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