Japan Gold (CVE:JG) Stock Price Up 20% – What’s Next?

Japan Gold Corp. (CVE:JG) rose 20% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 586,150 shares traded hands 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 Trading Up 3.6 %

The company has a debt-to-equity ratio of 6.36, a current ratio of 3.97 and a quick ratio of 6.04. The stock’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08. The firm has a market cap of C$37.20 million, a PE ratio of -6.00 and a beta of 0.65.

About Japan Gold

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.