Japan Gold Corp (TSE:JG)
:JG
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Japan Gold
(JG)
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Rating:45Neutral
Price Target:
C$0.11
▼(-10.83% Downside)
Action:ReiteratedDate:01/24/26
Score is pressured primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn). Technicals also remain bearish with price below key moving averages and negative MACD, despite RSI near oversold. Valuation provides limited support due to negative earnings (negative P/E) and no dividend yield.
Positive Factors
Conservative Balance Sheet
Zero reported debt materially reduces solvency risk for an early-stage explorer. This structural strength lengthens runway vs. leveraged peers, lowers fixed obligations, and improves flexibility to fund exploration or negotiate partnerships without immediate pressure from creditors.
Negative Factors
Pre-revenue with Widening Losses
Persistent pre-revenue status and increasing net losses indicate the company is not yet generating operating returns. Over months this erodes equity, raises financing needs, and increases execution risk for advancing projects to value-creating milestones without continued external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Zero reported debt materially reduces solvency risk for an early-stage explorer. This structural strength lengthens runway vs. leveraged peers, lowers fixed obligations, and improves flexibility to fund exploration or negotiate partnerships without immediate pressure from creditors.
Read all positive factors
Japan Gold (JG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$30.51M
Dividend YieldN/A
Average Volume (3M)420.40K
Price to Earnings (P/E)―
Beta (1Y)1.61
Revenue GrowthN/A
EPS Growth-70.25%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding305,099,200
10 Day Avg. Volume193,445
30 Day Avg. Volume420,396
Financial Highlights & Ratios
PEG Ratio-0.22
Price to Book (P/B)0.69
Price to Sales (P/S)0.00
P/FCF Ratio-5.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Japan Gold Business Overview & Revenue Model
Company Description
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 31 gold projects located on Hokkaido, Honshu, and ...
How the Company Makes Money
Japan Gold Corp generates revenue primarily through the exploration and potential development of gold mining projects. The company focuses on discovering and advancing gold deposits within its extensive portfolio of exploration licenses. Key reven...
Japan Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -7.25K | -4.89K | -586.00K | -5.32K | -6.44K | -3.67K |
| EBITDA | -5.09M | -4.01M | -2.71M | -3.82M | -3.28M | -3.54M |
| Net Income | -5.79M | -4.16M | -3.27M | -3.94M | -3.33M | -3.71M |
Balance Sheet | ||||||
| Total Assets | 26.35M | 27.44M | 28.76M | 28.48M | 32.37M | 20.66M |
| Cash, Cash Equivalents and Short-Term Investments | 4.90M | 80.47K | 1.97M | 2.14M | 11.95M | 2.37M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 22.42K | 107.72K |
| Total Liabilities | 486.71K | 940.05K | 811.91K | 1.21M | 1.10M | 1.13M |
| Stockholders Equity | 25.86M | 26.50M | 27.95M | 27.27M | 31.27M | 19.53M |
Cash Flow | ||||||
| Free Cash Flow | -2.93M | -3.38M | -3.25M | -3.20M | -6.57M | -6.93M |
| Operating Cash Flow | -2.88M | -3.28M | -3.24M | -3.08M | -2.03M | -2.67M |
| Investing Cash Flow | -2.53M | -1.27M | -2.83M | -6.64M | -4.29M | -4.93M |
| Financing Cash Flow | 9.09M | 2.72M | 6.01M | -22.49K | 16.01M | 8.61M |
Japan Gold Technical Analysis
Neutral
0.12
Price Trends
0.10
Negative
0.11
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
49.40
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JG, the sentiment is Neutral. The current price of 0.12 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.40 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:JG.
Japan Gold Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$66.06M | -32.47 | -3.68% | ― | ― | 58.19% | |
52 Neutral | C$30.27M | 5.25 | 2.73% | ― | ― | ― | |
48 Neutral | C$43.67M | -2.59 | 1.70% | ― | ― | ― | |
46 Neutral | C$45.37M | -142.49 | -2.99% | ― | ― | ― | |
45 Neutral | C$30.51M | -7.62 | -22.31% | ― | ― | -70.25% | |
43 Neutral | C$46.89M | -34.56 | -7.11% | ― | ― | 74.95% |
* Basic Materials Sector Average
TSE:JG
Japan Gold
0.10
-0.02
-13.64%
TSE:GFG
GFG Resources
0.15
-0.04
-21.05%
TSE:BRW
Brunswick Exploration
0.18
0.00
0.00%
TSE:WHN
Westhaven Ventures
0.25
0.13
108.33%
TSE:USGD
American Pacific Mining
0.17
<0.01
5.77%
TSE:RDG
Ridgeline Minerals
0.21
0.01
7.89%
Japan Gold Corporate Events
Business Operations and Strategy
Japan Gold Extends Epithermal Gold Potential at Mizobe Project in Southern Kyushu
Positive
Jan 22, 2026
Japan Gold has reported new gold intercepts from two diamond drill holes totaling 1,156 metres at its Mizobe Project in southern Kyushu, including intervals of 1.82 g/t gold over 1.50 metres and 1.07 g/t gold over 2.0 metres, along with the first ...
Business Operations and Strategy
Japan Gold Corp. Spotlighted in NHK Documentary Amid Gold Price Surge
Positive
Dec 16, 2025
Japan Gold Corp. was featured on NHK’s documentary series ‘Today’s Close-Up,’ highlighting the company’s role in Japan’s emerging gold exploration sector amid record-high gold prices. The program underscored Jap...
Business Operations and Strategy
Japan Gold Completes Geophysical Survey to Enhance Hakuryu Project Exploration
Positive
Dec 15, 2025
Japan Gold Corp. has completed a 34 line-kilometre CSAMT/AMT geophysical survey at its Hakuryu Project in Hokkaido, aimed at refining drill targeting for future exploration. The survey’s high-resolution images will assist in precise drill ho...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Japan Gold Corp. Reports Successful AGM Outcomes and Strategic Appointments
Positive
Oct 24, 2025
Japan Gold Corp. announced the successful outcomes of its Annual General Meeting, where all proposed resolutions were approved by shareholders. The re-election of directors and the continuation of the company’s 2023 Omnibus Equity Incentive ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.