Japan Gold (CVE:JG) Trading Up 20% – Still a Buy?

Shares of Japan Gold Corp. (CVE:JGGet Free Report) were up 20% on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 586,150 shares were traded during mid-day trading, an increase of 381% from the average daily volume of 121,831 shares. The stock had previously closed at C$0.13.

Japan Gold Stock Performance

The company has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.07. 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 stock has a market capitalization of C$38.48 million, a P/E ratio of -6.00 and a beta of 0.65.

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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