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

Key Points

• Japan Gold Corp. experienced a dramatic 39.4% increase in its stock price, trading as high as C$0.26, with a significant increase in volume compared to the average trading session.
• The company's current market capitalization is approximately C$70.12 million, and it has a P/E ratio of -7.67, indicating a negative earnings outlook.
• Japan Gold focuses on the exploration of gold deposits in Japan, with a portfolio of 34 projects across various islands, including Hokkaido, Honshu, and Kyushu.

Shares of Japan Gold Corp. (CVE:JG - Get Free Report) traded up 39.4% during trading on Saturday . The stock traded as high as C$0.26 and last traded at C$0.23. 942,618 shares traded hands during trading, an increase of 663% from the average session volume of 123,495 shares. The stock had previously closed at C$0.17.

Japan Gold Trading Down 14.8%

The stock has a market cap of C$79.26 million, a PE ratio of -8.67 and a beta of 0.38. The company has a debt-to-equity ratio of 6.36, a quick ratio of 6.04 and a current ratio of 3.97. The company's 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.11.

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.