Japan Gold (CVE:JG) Trading Up 39.4% - Here's What Happened

Key Points

• Japan Gold Corp.'s stock price saw a significant increase of 39.4%, rising from a previous close of C$0.17 to trade as high as C$0.26.
• The trading volume surged to 942,618 shares, marking a 663% increase compared to the average daily volume of 123,495 shares.
• Japan Gold is focused on gold exploration in Japan, holding a portfolio of 34 gold projects across multiple islands, and has a market capitalization of C$70.12 million.

Japan Gold Corp. (CVE:JG - )'s stock price was up 39.4% during trading on Friday . The company traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares traded hands during mid-day trading, an increase of 663% from the average daily volume of 123,495 shares. The stock had previously closed at C$0.17.

Japan Gold Stock Up 39.4%

The business's fifty day moving average price is C$0.10 and its 200 day moving average price 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 firm has a market capitalization of C$70.12 million, a PE ratio of -7.67 and a beta of 0.38.

About Japan Gold

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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