Stock Market
Investors Continue to Jump on Japaul Shares Ahead of Gold Mine Deal
Investors Continue to Jump on Japaul Shares Ahead of Gold Mine Deal
Stock investors traded 92,361,027 shares of Japaul Gold and Ventures Plc valued at N145,792,642.99 on Monday as sentiment jumped through the roof following a strong bullish run last week.
Japaul closed with a 56.70 percent gain last week to close at N1.52 per share. The biggest gain for the week.
On Monday, investors continue buying everything Japaul ahead of the H&H Mines deal. However, the company sheds 6.58 percent to close at N1.42 per share.
Read about the deal here Japaul to Invest in Chinese Firm H&H to Deepen Mining and Exploration Business
Despite the uncertainty attached to the deal, investors are predicting about N5 for Japaul in 2021 and largely attracted to the stock because of its low price.
Also, Read Japaul Gold and Ventures Extends Gains by 56.70 Percent Last Week Despite Uncertain Mining Deal