Japan Gold (CVE:JG) Trading 32.6% Higher - Should You Buy?

Key Points

• Japan Gold Corp. shares rose by 32.6% to C$0.31 during trading on Tuesday, with a trading volume significantly up by 802% over the average.
• The company, focused on mineral exploration in Japan, holds a portfolio of 34 gold projects across various Japanese islands, including Hokkaido, Honshu, and Kyushu.
• Japan Gold has a market capitalization of C$92.98 million and notable financial ratios, including a debt-to-equity ratio of 6.36 and a price-to-earnings ratio of -10.17.

Japan Gold Corp. (CVE:JG - )'s stock price traded up 32.6% during trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31. 1,169,155 shares traded 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 Trading Up 32.6%

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 company has a market cap of C$92.98 million, a price-to-earnings ratio of -10.17 and a beta of 0.38. The business's fifty day moving average price is C$0.10 and its 200 day moving average price is C$0.11.

About Japan Gold

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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