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

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 39.4%, trading at C$0.23 after previously closing at C$0.17, indicating a significant spike in investor interest.
  • The trading volume increased to 942,618 shares, a 663% jump from the average volume of 123,495 shares, showcasing strong market activity.
  • Japan Gold engages in the exploration of mineral properties, primarily focusing on gold, with a portfolio of 34 projects across multiple Japanese islands.
  • Five stocks we like better than Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report) shares traded up 39.4% on Saturday . The company traded as high as C$0.26 and last traded at C$0.23. 942,618 shares traded hands during 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 Performance

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 stock's 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The stock has a market capitalization of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38.

Japan Gold Company Profile

(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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