JAPAN GOLD CORP chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta -0.31
Market capitalization 60.72M
Operating cash flow -2.03M
ESG Scores unknown

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 Kyushu islands of Japan. The company is headquartered in Vancouver, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 94.94k -66.18k 22.82k 391.18k
Total Cashflows From Investing Activities -1.36M -6.79M -4.93M -4.29M
Net Borrowings 1.17M -1.22M 919.56k -91.28k
Total Cash From Financing Activities 7.79M 5.55M 8.61M 16.01M
Change To Operating Activities
Issuance Of Stock 6.66M 7.14M 7.97M 16.1M
Net Income -3.46M -4.39M -3.71M -3.33M
Change In Cash 2.94M -4.87M 915.73k 9.59M
Effect Of Exchange Rate -33.13k 3.03k -91.83k -98.96k
Total Cash From Operating Activities -3.46M -3.63M -2.67M -2.03M
Depreciation 2.38k 132.24k 3.67k 6.44k
Change To Account Receivables -157.16k -84.62k -69.38k 151.85k
Other Cashflows From Financing Activities -45k -371.37k -284.82k
Change To Netincome 57.6k 777.15k 1.08M 748.5k
Capital Expenditures -1.36M -6.79M -4.25M -4.54M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -3.46M -4.39M -3.71M -3.33M
Net Income -3.46M -4.39M -3.71M -3.33M
Selling General Administrative 2.75M 2.37M 1.78M 1.57M
Gross Profit -390.25k -667.77k -94.1k -378.65k
Ebit -3.22M -3.94M -2.72M -2.65M
Operating Income -3.22M -3.94M -2.72M -2.65M
Interest Expense -54.18k -8.8k -49.2k -18.43k
Income Tax Expense
Total Revenue
Cost Of Revenue 390.25k 667.77k 94.1k 378.65k
Total Other Income ExpenseNet -240.17k -454.38k -993.04k -680k
Net Income From Continuing Ops -3.46M -4.39M -3.71M -3.33M
Net Income Applicable To Common Shares -3.46M -4.39M -3.71M -3.33M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.8M 773.21k 1.13M 1.1M
Total Stockholder Equity 10.47M 13.29M 19.53M 31.27M
Other Current Liabilities
Total Assets 12.27M 14.06M 20.66M 32.37M
Common Stock 22.46M 29.08M 37.75M 53.6M
Other Current Assets 1M 641.54k
Retained Earnings -15.4M -19.79M -23.51M -26.83M
Treasury Stock 309.1k -17.84k 316.72k -1.4M
Cash 6.33M 1.45M 2.37M 11.95M
Total Current Liabilities 1.8M 666.96k 1.09M 1.1M
Other Stockholder Equity 309.1k -17.84k 316.72k -1.4M
Property, Plant, and Equipment 5.65M 12.23M 16.83M 19.48M
Total Current Assets 6.58M 1.73M 3.72M 12.79M
Net Tangible Assets 10.47M 13.29M 19.53M 31.27M
Net Receivables 152.87k 13.05k 90.55k 26.95k
Accounts Payable 563.03k 551.29k 1.02M 1.07M


Insider Transactions

Here are the insider transactions of stock shares related to JAPAN GOLD CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Proust (John Graham)Acquisition or disposition in the public market at price 0.22 per share.I2022-02-07Director of Issuer2.5k
Proust (John Graham)Acquisition or disposition in the public market at price 0.22 per share.I2022-02-04Director of Issuer39.5k
Proust (John Graham)Acquisition or disposition in the public market at price 0.22 per share.I2022-02-03Director of Issuer10.35k
Proust (John Graham)Acquisition or disposition in the public market at price 0.22 per share.I2022-02-03Director of Issuer63.64k
Proust (John Graham)Acquisition or disposition carried out privately at price 0.24 per share.D2021-11-30Director of Issuer1.35M
Proust (John Graham)Acquisition or disposition carried out privately at price 0.24 per share.I2021-11-30Director of Issuer1.35M
Burney (Ian)Acquisition or disposition in the public market at price 0.24 per share.D2021-11-03Director of Issuer12.5k
Burney (Ian)Acquisition or disposition in the public market at price 0.25 per share.D2021-11-03Director of Issuer30k
Au (Eileen)D2021-10-21Senior Officer of Issuer
Carrick (Michael Joseph)D2021-10-21Director of Issuer
Burney (Ian)D2021-10-21Director of Issuer
Equinox Partners Investment Management L.L.CI2021-07-0910% Security Holder of Issuer
Equinox Partners Investment Management L.L.CI2021-07-0910% Security Holder of Issuer
Equinox Partners Investment Management L.L.CI2021-07-0910% Security Holder of Issuer
Equinox Partners Investment Management L.L.CI2021-07-0910% Security Holder of Issuer
Equinox Partners Investment Management L.L.CI2021-07-0910% Security Holder of Issuer
Equinox Partners Investment Management L.L.CI2021-07-0910% Security Holder of Issuer
Proust (John Graham)Acquisition or disposition under a prospectus exemption at price 0.28 per share.I2021-07-08Director of Issuer2.21M
Proust (John Graham)Acquisition or disposition under a prospectus exemption at price 0.28 per share.I2021-07-08Director of Issuer644.36k
Proust (John Graham)I2021-06-28Director of Issuer1.76k
Proust (John Graham)Acquisition or disposition in the public market at price 0.28 per share.I2021-06-28Director of Issuer644.36k
Proust (John Graham)Acquisition or disposition in the public market at price 0.28 per share.I2021-06-28Director of Issuer2.21M
Proust (John Graham)I2021-06-28Director of Issuer457.86k
Proust (John Graham)I2021-06-28Director of Issuer263.67k
Proust (John Graham)I2021-06-28Director of Issuer246.09k
Proust (John Graham)D2021-06-28Director of Issuer477.2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to JAPAN GOLD CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on JAPAN GOLD CORP

Here is the result of two systematic investment strategies applied to JAPAN GOLD CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on JAPAN GOLD CORP

The following chart shows the equity curve of the two systematic investment strategies applied to JAPAN GOLD CORP:

JAPAN GOLD CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 53.22% on the backtest period.

Performance at glance

Performance

53.22 %

Latent gain

1197.42 C$

Invested capital

2249.86 C$

Annualized return

12.86 %
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Momentum strategy results on JAPAN GOLD CORP

This is the result of two momentum investment strategies applied to JAPAN GOLD CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on JAPAN GOLD CORP

The following chart shows all the entries opened by the momentum investment system on JAPAN GOLD CORP:

JAPAN GOLD CORP momentum entries
  • The first momentum investment strategy would give 80.47% of return on JAPAN GOLD CORP. That represents 5029.32C$ of latent gain with 6249.77C$ of employed capital.
  • The second momentum investment strategy would give 74.25% of return on JAPAN GOLD CORP. That represents 2413.27C$ of latent gain with 3250.06C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

80.47 %

Latent gain

5029.32 C$

Invested capital

6249.77 C$

Annualized return

46.93 %
Performance at glance (2Q Momentum)

Performance

74.25 %

Latent gain

2413.27 C$

Invested capital

3250.06 C$

Annualized return

20.29 %

Momentum equity curve on JAPAN GOLD CORP

The following chart shows the equity curve of the two momentum strategies applied to JAPAN GOLD CORP:

JAPAN GOLD CORP momentum equity

Note: the dividends potentially given by JAPAN GOLD CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on JAPAN GOLD CORP

The following chart shows the employed capital evolution of the two momentum strategies on JAPAN GOLD CORP since the beginning:

JAPAN GOLD CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on JAPAN GOLD CORP

Buy the dip entry openings on JAPAN GOLD CORP

JAPAN GOLD CORP

The performance achieved by the robo-advisor on JAPAN GOLD CORP is 100.43%. That represents 1004.4$ of latent gain with 1000.08C$ of employed capital. The following chart shows JAPAN GOLD CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of JAPAN GOLD CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

100.43 %

Latent gain

1004.4 C$

Invested capital

1000.08 C$

Annualized return

46.93 %

Equity curve of the strategy applied to JAPAN GOLD CORP

The following chart shows the result of the investment strategy applied to JAPAN GOLD CORP:

JAPAN GOLD CORP

Note: the dividends potentially given by JAPAN GOLD CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on JAPAN GOLD CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on JAPAN GOLD CORP:

JAPAN GOLD CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on JAPAN GOLD CORP

In this section, I will compare the three previous investment strategies applied to JAPAN GOLD CORP.

Equity curve comparison on JAPAN GOLD CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

JAPAN GOLD CORP investment strategy comparison

Employed capital comparison on JAPAN GOLD CORP

JAPAN GOLD CORP investment comparison

Performance comparison on JAPAN GOLD CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 53.22% 1197.42C$ 2249.86C$ 12.86%
Momentum 1 quarter 80.47% 5029.32C$ 6249.77C$ 20.63%
Momentum 2 quarters 74.25% 2413.27C$ 3250.06C$ 20.29%
Non-directional 100.43% 1004.4C$ 1000.08C$ 46.93%
Annualized return comparison

Automatic investment

12.86 %

Momentum 1Q

20.29 %

Momentum 2Q

20.29 %

Non-directional

46.93 %

Correlated stocks

Here are the most positively and negatively correlated stocks with JAPAN GOLD CORP:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between JAPAN GOLD CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of JAPAN GOLD CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name JAPAN GOLD CORP
Country Canada
City Vancouver
Address 669 Howe Street
Phone
Website www.japangold.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker JG.XTSX
Market www.tsx.com

JAPAN GOLD CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown