Japan Gold (CVE:JG) Trading Up 32.6% - Still a Buy?

Key Points

• Japan Gold Corp. shares surged by 32.6% on Monday, reaching a last trading price of C$0.31.
• The trading volume increased dramatically, with approximately 1.17 million shares traded, an 802% increase from the average daily volume.
• Japan Gold focuses on mineral exploration with a portfolio of 34 gold projects in Japan and has a market capitalization of C$92.98 million.

Japan Gold Corp. (CVE:JG - ) shares were up 32.6% during trading on Monday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 1,169,155 shares were traded during mid-day 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 Trading Up 32.6%

The company has a current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36. The stock has a market capitalization of C$92.98 million, a price-to-earnings ratio of -10.17 and a beta of 0.38. The firm has a 50-day moving average of C$0.10 and a 200 day moving average of C$0.11.

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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