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Japan Gold (CVE:JG) Stock Price Up 54.5% - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. (CVE:JG) saw a significant increase of 54.5% in share price during mid-day trading, rising to C$0.17 from a previous close of C$0.11.
  • The trading volume surged to approximately 805,284 shares, representing a 585% increase compared to its average daily volume of 117,530 shares.
  • The company focuses on exploring gold deposits in Japan, holding a portfolio of 34 projects across Hokkaido, Honshu, and Kyushu islands.
  • Five stocks we like better than Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report)'s stock price traded up 54.5% during mid-day trading on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. 805,284 shares traded hands during mid-day trading, an increase of 585% from the average session volume of 117,530 shares. The stock had previously closed at C$0.11.

Japan Gold Price Performance

The business's 50-day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.11. The company has a quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36. The stock has a market cap 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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