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Japan Gold (CVE:JG) Stock Price Up 26.1% - Here's Why

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. (CVE:JG) saw a significant increase in stock price, rising 26.1% to close at C$0.29 during mid-day trading.
  • The company traded approximately 763,596 shares, marking an increase of 506% from its average daily volume.
  • Japan Gold focuses on the exploration of gold deposits with a portfolio of 34 projects across Japan, solidifying its presence in the mining sector.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Japan Gold Corp. (CVE:JG - Get Free Report) traded up 26.1% during trading on Monday . The company traded as high as C$0.30 and last traded at C$0.29. 763,596 shares were traded during mid-day trading, an increase of 506% from the average session volume of 125,919 shares. The stock had previously closed at C$0.23.

Japan Gold Price Performance

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 company has a market capitalization of C$86.88 million, a price-to-earnings ratio of -9.50 and a beta of 0.38. The company has a 50-day moving average price of C$0.10 and a 200-day moving average price of 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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