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Japan Gold (CVE:JG) Trading 50% Higher - What's Next?

Japan Gold logo with Basic Materials background

Key Points

  • Japan Gold Corp.'s stock surged by 50% on Friday, reaching C$0.17, with trading volume increasing by 655% compared to the daily average.
  • The company has a market capitalization of C$50.30 million and a current ratio of 3.97, indicating a solid financial position.
  • Japan Gold focuses on the exploration of gold deposits, holding a portfolio of 34 projects across Japan's Hokkaido, Honshu, and Kyushu islands.
  • MarketBeat previews the top five stocks to own by October 1st.

Japan Gold Corp. (CVE:JG - Get Free Report) shares shot up 50% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 894,784 shares were traded 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 Stock Performance

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 firm's 50 day moving average is C$0.10 and its 200-day moving average is C$0.11. The stock has a market capitalization of C$70.12 million, a price-to-earnings ratio of -7.67 and a beta of 0.38.

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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