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Japan Gold (CVE:JG) Stock Price Up 39.4% - Should You Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. (CVE:JG) experienced a significant increase in stock price, rising 39.4% during mid-day trading, closing at C$0.23.
  • The company's trading volume surged to 942,618 shares, a 663% increase from its average daily volume of 123,495 shares.
  • Japan Gold focuses on exploring gold deposits across 34 projects located in Japan's Hokkaido, Honshu, and Kyushu islands.
  • Five stocks to consider instead of Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report) shares were up 39.4% during mid-day trading on Friday . The stock traded as high as C$0.26 and last traded at C$0.23. Approximately 942,618 shares traded hands during 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 firm has a market capitalization of C$70.12 million, a PE ratio of -7.67 and a beta of 0.38. The company has a fifty day moving average price of C$0.10 and a 200-day moving average price of C$0.11. The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97.

Japan Gold Company Profile

(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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