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Japan Gold (CVE:JG) Trading Up 26.1% - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. (CVE:JG) saw a significant stock increase of 26.1%, trading at C$0.29 with a high of C$0.30 during mid-day trading.
  • The trading volume surged to approximately 1,007,702 shares, representing a 683% increase from its average daily volume of 128,665 shares.
  • Japan Gold holds 34 gold projects across Hokkaido, Honshu, and Kyushu islands and has a market capitalization of C$92.98 million.
  • MarketBeat previews the top five stocks to own by November 1st.

Japan Gold Corp. (CVE:JG - Get Free Report) shares rose 26.1% on Monday . The stock traded as high as C$0.30 and last traded at C$0.29. Approximately 1,007,702 shares were traded during mid-day trading, an increase of 683% from the average daily volume of 128,665 shares. The stock had previously closed at C$0.23.

Japan Gold Trading Down 14.1%

The firm has a fifty day moving average of C$0.10 and a two-hundred day moving average of C$0.11. The company has a market cap of C$79.87 million, a PE ratio of -8.73 and a beta of 0.38. The company has a current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36.

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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