Free Trial

Japan Gold (CVE:JG) Stock Price Up 39.4% - Here's Why

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.
  • Interested in Japan Gold? Here are five stocks we like better.

Japan Gold Corp. (CVE:JG - Get Free Report)'s stock price was up 39.4% during mid-day trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares changed hands during 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 32.6%

The stock has a 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.11. The firm has a market cap of C$92.98 million, a PE ratio of -10.17 and a beta of 0.38. The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04.

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.

See Also

Should You Invest $1,000 in Japan Gold Right Now?

Before you consider Japan Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Japan Gold wasn't on the list.

While Japan Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.