Japan Gold Corp (TSE:JG)
:JG
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Japan Gold
(JG)
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Rating:46Neutral
Price Target:
C$0.10
▼(-18.33% Downside)
Action:ReiteratedDate:04/23/26
The score is primarily held back by weak financial performance for a pre-revenue explorer (ongoing losses and cash burn), partially offset by an essentially debt-free balance sheet. Technicals are neutral with a weak longer-term trend, and valuation is not supportive given negative earnings and no dividend signal.
Positive Factors
Conservative balance sheet: essentially no debt
An essentially debt-free capital structure materially reduces solvency and interest-rate risk for an explorer. That structural strength preserves optionality to raise equity or pursue JV deals without immediate leverage pressure, supporting multi‑quarter exploration plans.
Negative Factors
Pre-revenue profile with widening net losses
Persistent, widening net losses are structural for a pre‑revenue explorer and erode shareholder equity over time. Without near-term revenue or asset monetization, continued losses increase the probability of dilution or costly financings, weighing on long‑term shareholder value.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet: essentially no debt
An essentially debt-free capital structure materially reduces solvency and interest-rate risk for an explorer. That structural strength preserves optionality to raise equity or pursue JV deals without immediate leverage pressure, supporting multi‑quarter exploration plans.
Read all positive factors
Japan Gold (JG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$32.04M
Dividend YieldN/A
Average Volume (3M)420.40K
Price to Earnings (P/E)―
Beta (1Y)1.51
Revenue GrowthN/A
EPS Growth-11.54%
CountryCA
Employees21
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)N/A
Shares Outstanding305,099,200
10 Day Avg. Volume193,445
30 Day Avg. Volume420,396
Financial Highlights & Ratios
PEG Ratio-0.85
Price to Book (P/B)1.48
Price to Sales (P/S)0.00
P/FCF Ratio-9.43
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
null...
Japan Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
64
Positive
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -10.23K | -4.89K | -586.00K | -5.32K | -6.44K |
| EBITDA | -4.62M | -4.01M | -2.71M | -3.82M | -3.28M |
| Net Income | -4.99M | -4.16M | -3.27M | -3.94M | -3.33M |
Balance Sheet | |||||
| Total Assets | 23.95M | 27.44M | 28.76M | 28.48M | 32.37M |
| Cash, Cash Equivalents and Short-Term Investments | 2.97M | 80.47K | 1.97M | 2.14M | 11.95M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 22.42K |
| Total Liabilities | 647.93K | 940.05K | 811.91K | 1.21M | 1.10M |
| Stockholders Equity | 23.30M | 26.50M | 27.95M | 27.27M | 31.27M |
Cash Flow | |||||
| Free Cash Flow | -3.67M | -3.38M | -3.25M | -3.20M | -6.57M |
| Operating Cash Flow | -3.56M | -3.28M | -3.24M | -3.08M | -2.03M |
| Investing Cash Flow | 4.67M | -1.27M | -2.83M | -6.64M | -4.29M |
| Financing Cash Flow | 2.04M | 2.72M | 6.01M | -22.49K | 16.01M |
Japan Gold Technical Analysis
Negative
0.12
Price Trends
0.10
Negative
0.11
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
48.09
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JG, the sentiment is Negative. 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 48.09 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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$71.24M | -32.47 | -3.68% | ― | ― | 58.19% | |
52 Neutral | C$27.38M | 5.25 | 2.73% | ― | ― | ― | |
48 Neutral | C$38.38M | -2.59 | 1.70% | ― | ― | ― | |
46 Neutral | C$32.04M | -6.94 | -22.31% | ― | ― | -11.54% | |
46 Neutral | C$54.45M | -142.49 | -2.99% | ― | ― | -169.23% | |
43 Neutral | C$49.50M | -34.56 | -7.11% | ― | ― | 86.75% |
* Basic Materials Sector Average
TSE:JG
Japan Gold
0.11
-0.04
-25.00%
TSE:GFG
GFG Resources
0.18
-0.03
-14.29%
TSE:BRW
Brunswick Exploration
0.20
0.03
17.65%
TSE:WHN
Westhaven Ventures
0.28
0.14
100.00%
TSE:USGD
American Pacific Mining
0.14
-0.05
-25.53%
TSE:RDG
Ridgeline Minerals
0.19
-0.02
-11.90%
Japan Gold Corporate Events
Private Placements and Financing
Japan Gold Raises US$1 Million via Convertible Debenture from Major Shareholder
Positive
Apr 10, 2026
Japan Gold Corp. has arranged a US$1 million non-brokered private placement of unsecured convertible debentures with major shareholder Equinox Partners Investment Management. The three-year debenture carries 10% annual interest and may be repaid o...
Business Operations and Strategy
Japan Gold Flags New Drill Targets at Hakuryu After Geophysical Survey
Positive
Mar 2, 2026
Japan Gold has identified multiple resistivity anomalies at its Hakuryu Project in Hokkaido following CSAMT and AMT geophysical surveys completed in December 2025. These anomalies align with mapped surface alteration and projected vein trends, ext...
Business Operations and Strategy
Japan Gold Flags New Drill Targets After Geophysical Survey at Hakuryu
Positive
Mar 2, 2026
Japan Gold has completed a CSAMT and AMT geophysical survey at its Hakuryu Project in Hokkaido, identifying multiple resistivity anomalies that align with mapped surface alteration and projected vein trends. These anomalies appear continuous along...
Business Operations and StrategyRegulatory Filings and Compliance
Japan Gold Starts 3D Survey at Bajo Project, Ends CanaCom Marketing Deal
Neutral
Feb 26, 2026
Japan Gold Corp. has begun a 3D induced polarization and resistivity geophysical survey at its Bajo Project on Kyushu, Japan, aiming to better define subsurface geology and sharpen drill targets over an 8-by-5-kilometre area that includes the hist...
Business Operations and StrategyPrivate Placements and Financing
Japan Gold Extends OR Royalties Option on Additional 0.5% NSR for US$3 Million
Positive
Feb 5, 2026
Japan Gold has extended by nine months an investment agreement with OR Royalties, giving the royalty company until November 4, 2026 to pay US$3 million for an additional 0.5% net smelter return royalty on certain Japanese properties, which would i...
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.