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Japan Gold (CVE:JG) Trading Up 50% - Time to Buy?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged 50% during trading on Thursday, hitting a price of C$0.17, with a significant increase in trading volume by 655% compared to the average daily volume.
  • The company, which specializes in mineral exploration for gold in Japan, possesses a portfolio of 34 gold projects located across various islands including Hokkaido, Honshu, and Kyushu.
  • Japan Gold has a market cap of C$50.30 million and a negative PE ratio of -5.50, indicating challenging profitability metrics despite its recent stock price increase.
  • Five stocks we like better than Japan Gold.

Japan Gold Corp. (CVE:JG - Get Free Report) shares traded up 50% during trading on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. 894,784 shares traded hands during mid-day trading, an increase of 655% from the average session volume of 118,590 shares. The stock had previously closed at C$0.11.

Japan Gold Trading Up 39.4%

The firm has a market cap of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38. The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04. The stock has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.11.

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.

Further Reading

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