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Japan Gold (CVE:JG) Shares Up 50% - Should You Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. (CVE:JG) saw its stock price increase by 50% to C$0.17, up from a previous close of C$0.11.
  • The trading volume surged to approximately 894,784 shares, marking a 655% increase from its average daily volume.
  • Japan Gold specializes in gold exploration across 34 projects located on Japanese islands, including Hokkaido, Honshu, and Kyushu.
  • MarketBeat previews the top five stocks to own by October 1st.

Japan Gold Corp. (CVE:JG - Get Free Report) shares shot up 50% on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 894,784 shares traded hands during mid-day trading, an increase of 655% from the average session volume of 118,590 shares. The stock had previously closed at C$0.11.

Japan Gold Stock Up 39.4%

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$70.12 million, a PE ratio of -7.67 and a beta of 0.38. The firm has a 50-day moving average of C$0.10 and a two-hundred day moving average 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.

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