Japan Gold (CVE:JG) Stock Price Up 54.5% - What's Next?

Key Points

• Japan Gold Corp. shares surged by 54.5%, reaching C$0.17 during trading on Thursday, significantly up from a previous close of C$0.11.
• The trading volume was approximately 805,284 shares, marking a 585% increase compared to the average daily volume of 117,530 shares.
• Japan Gold, based in Vancouver, focuses on exploring gold deposits and holds a portfolio of 34 projects across Japan's islands.

Japan Gold Corp. (CVE:JG - ) shares rose 54.5% during mid-day trading on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 805,284 shares were traded during trading, an increase of 585% from the average daily volume of 117,530 shares. The stock had previously closed at C$0.11.

Japan Gold Stock Performance

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 stock has a market cap of C$50.30 million, a P/E ratio of -5.50 and a beta of 0.38. The stock has a fifty day simple moving average of C$0.09 and a 200-day simple moving average of C$0.10.

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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