Japan Gold (CVE:JG) Trading Up 32.6% - Here's Why

Key Points

• Japan Gold Corp. (CVE:JG) saw its stock price increase by 32.6% during mid-day trading, with trading volume hitting approximately 1.17 million shares, a rise of 802% from its usual volume.
• The company specializes in exploring gold deposits in Japan, holding a portfolio of 34 gold projects across various islands, including Hokkaido, Honshu, and Kyushu.
• Japan Gold has a market capitalization of C$92.98 million, with a debt-to-equity ratio of 6.36, indicating a relatively high level of financial leverage.

Japan Gold Corp. (CVE:JG - ) was up 32.6% during mid-day trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 1,169,155 shares were traded during trading, an increase of 802% from the average daily volume of 129,682 shares. The stock had previously closed at C$0.23.

Japan Gold Price Performance

The business's fifty day moving average is C$0.10 and its 200-day moving average is C$0.11. 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 firm has a market cap of C$92.98 million, a PE ratio of -10.17 and a beta of 0.38.

Japan Gold Company Profile

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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