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Japan Gold (CVE:JG) Trading Up 39.4% - Still a Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 39.4% on Saturday, closing at C$0.23 after trading as high as C$0.26, with a notable increase in trading volume of 663% compared to its average.
  • The company holds a market cap of C$70.12 million and has a significantly negative P/E ratio of -7.67, indicating it is not currently profitable.
  • Japan Gold focuses on the exploration of gold deposits within Japan, maintaining a portfolio of 34 projects across several major islands including Hokkaido and Honshu.
  • Five stocks we like better than Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report) shares were up 39.4% on Saturday . 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 Performance

The company has a market cap of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38. The company's 50-day moving average is C$0.10 and its two-hundred day moving average 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.

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.

See Also

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