Japan Gold (CVE:JG) Stock Price Up 50% - Time to Buy?

Key Points

• Japan Gold Corp. stock experienced a 50% increase in price on Thursday, reaching C$0.17 with a trading volume up by 655% compared to its average.
• The company, focused on mineral exploration in Japan, holds a portfolio of 34 gold projects across multiple islands, including Hokkaido and Honshu.
• Despite the recent surge, Japan Gold has a negative PE ratio of -5.50 and a relatively low market capitalization of C$50.30 million.

Japan Gold Corp. (CVE:JG - ) rose 50% on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 894,784 shares changed hands during mid-day trading, an increase of 655% from the average daily volume of 118,590 shares. The stock had previously closed at C$0.11.

Japan Gold Trading Up 50.0%

The company has a quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36. The firm has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.10. The firm has a market cap of C$50.30 million, a PE ratio of -5.50 and a beta of 0.38.

Japan Gold Company Profile

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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