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

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp. shares surged by 50%, reaching C$0.17, with trading volume increasing by 655% from the average.
  • The company, focused on mineral exploration, holds a portfolio of 34 gold projects across Japan's Hokkaido, Honshu, and Kyushu islands.
  • Japan Gold has a market capitalization of C$50.30 million and a negative P/E ratio of -5.50, indicating financial challenges.
  • Interested in Japan Gold? Here are five stocks we like better.

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

Japan Gold Stock Performance

The firm'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 current ratio of 3.97, a quick ratio of 6.04 and a debt-to-equity ratio of 6.36. The company has a market cap of C$70.12 million, a P/E ratio of -7.67 and a beta of 0.38.

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.

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