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Japan Gold (CVE:JG) Trading 39.4% Higher - Time to Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. (CVE:JG) experienced a significant increase of 39.4% in its stock price during mid-day trading, closing at C$0.23 after reaching a high of C$0.26.
  • Trading volume surged to approximately 942,618 shares, reflecting a 663% increase compared to the average daily volume of 123,495 shares.
  • The company's financial metrics include a market cap of C$70.12 million, a PE ratio of -7.67, and it has a portfolio of 34 gold projects across Japan.
  • Interested in Japan Gold? Here are five stocks we like better.

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

Japan Gold Stock Up 30.4%

The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97. The stock has a market cap of C$91.45 million, a P/E ratio of -10.00 and a beta of 0.38. The stock's fifty day simple moving average is C$0.10 and its 200-day simple moving average is C$0.11.

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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