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Japan Gold (CVE:JG) Trading 50% Higher - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp.'s stock surged by 50% during mid-day trading, reaching C$0.17, significantly higher than its previous close of C$0.11.
  • The trading volume increased to 894,784 shares, a rise of 655% compared to the average volume of 118,590 shares.
  • Japan Gold specializes in exploring gold deposits and holds a portfolio of 34 gold projects across Japan's main islands.
  • Five stocks we like better than Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report)'s stock price traded up 50% on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 894,784 shares traded hands during mid-day trading, an increase of 655% from the average session volume of 118,590 shares. The stock had previously closed at C$0.11.

Japan Gold Stock Performance

The stock has a market capitalization of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38. The company's 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.11. The company has a current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36.

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.

Further Reading

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