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Japan Gold (CVE:JG) Shares Up 39.4% - Should You Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 39.4% during trading, reaching a high of C$0.26 after closing at C$0.17.
  • The company, which is focused on exploring gold deposits in Japan, saw its trading volume increase by 663% compared to its average session volume.
  • Japan Gold has a market cap of C$70.12 million, a P/E ratio of -7.67, and holds a portfolio of 34 gold projects across various Japanese islands.
  • Five stocks to consider instead of Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report) was up 39.4% during trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares were traded during mid-day trading, an increase of 663% from the average daily volume of 123,495 shares. The stock had previously closed at C$0.17.

Japan Gold Stock Up 28.3%

The business has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.11. 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 firm has a market capitalization of C$89.93 million, a price-to-earnings ratio of -9.83 and a beta of 0.38.

About Japan Gold

(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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