Japan Gold (CVE:JG) Shares Up 39.4% – Still a Buy?

Japan Gold Corp. (CVE:JGGet Free Report)’s share price shot up 39.4% during mid-day 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 mid-day 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 Stock Performance

The firm has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.11. 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 quick ratio of 6.04, a current ratio of 3.97 and a debt-to-equity ratio of 6.36.

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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