Japan Gold (CVE:JG) Stock Price Up 31.6% – Here’s Why

Japan Gold Corp. (CVE:JG) traded up 31.6% on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. 368,025 shares traded hands during mid-day trading, an increase of 230% from the average session volume of 111,567 shares. The stock had previously closed at C$0.10.

Japan Gold Stock Up 31.6 %

The firm has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.07. The stock has a market capitalization of C$32.07 million, a P/E ratio of -6.00 and a beta of 0.65. 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

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.