Japan Gold (CVE:JG) Trading 32.6% Higher - Here's Why

Key Points

• Japan Gold Corp. shares surged by 32.6% on Tuesday, reaching a trading high of C$0.31.
• The trading volume exceeded average levels significantly, with over 1.1 million shares changing hands, indicating heightened investor interest.
• Japan Gold focuses on mineral exploration in Japan, holding a portfolio of 34 gold projects across three major islands.

Japan Gold Corp. (CVE:JG - ) shares traded up 32.6% during mid-day trading on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. 1,169,155 shares changed hands during trading, an increase of 802% from the average session volume of 129,682 shares. The stock had previously closed at C$0.23.

Japan Gold Stock Up 32.6%

The firm has a market cap of C$92.98 million, a P/E ratio of -10.17 and a beta of 0.38. 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 fifty day moving average of C$0.10 and a 200-day moving average of C$0.11.

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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