Japan Gold (CVE:JG) Trading 31.6% Higher – Still a Buy?

by · The Cerbat Gem

Japan Gold Corp. (CVE:JG – Get Free Report) shares were up 31.6% on Wednesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 368,025 shares changed hands during trading, an increase of 208% from the average daily volume of 119,428 shares. The stock had previously closed at C$0.10.

Japan Gold Stock Performance

The company’s fifty day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.07. 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 company has a market capitalization of C$37.20 million, a price-to-earnings 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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