• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Spotlight

Japaul Gold slumps by 30%, after rallying to 52-week high of N1.67 on Monday

Omokolade Ajayi by Omokolade Ajayi
January 20, 2021
in Spotlight, Stock Market
Japaul
Share on FacebookShare on TwitterShare on Linkedin

Japaul Gold stocks slump by as much as 30% in three trading sessions, as investors on NSE continue to sell off shares of the rebranded Gold exploration and mining company, after rallying by 146% in 11 days.

It is important to note that the shares of the rebranded and restructured company with a new focus on Gold exploration as its new name suggests, rallied to a record 52-week high of N1.67 on Monday, as buying pressures moved year-to-date gains to 169.4% at mid-day.

However, profit-taking activities by investors saw the shares of the company dip by 15% from N1.67 to close the market on Monday 25 kobo lower at N1.42.

RelatedStories

Japaul gold

Japaul Gold signs N26 billion sand mining deal to reclaim Gracefield Island for luxurious development in Lekki 

November 26, 2024
Gold-backed JPGold Coin lists on LAtoken Exchange

Japaul Gold’s ‘new oil’ business is well-positioned by Paul Jegede to meet global demands

September 25, 2022

A preview of the performance of the shares of the company by Nairametrics at the close of trade on the exchange today revealed that Japaul shares slumped by 30.5% from its 52-week record high price of N1.67, which was recorded on Monday 18th January 2020, to N1.16 at the close of trade on the exchange today.

Read Also: Dangote Cement gains ₦273 billion on NSE since release of its 2020 Q3 report

What you should know

  • As investors continue to price the shares of Japaul Gold down, it is important to note that the management and the board of the company have taken avid steps to restructure the company and place it on the path of sustainable growth.
  • One of these efforts is the recent restructuring of the business model of the company. In line with this, a Nairametrics report revealed that Japaul Gold signed a partnership contract with H&H Mines Limited to mine gold. The company had also concluded discussions and received approval in principle from representatives of H&H Mines Ltd for Japual Plc to invest in and/or acquire some shares of the company.
  • The company had also taken proactive actions to reduce debts and cut down on deadweight costs which impacted the profit of the company in the past.
  • A recent report by Nairametrics revealed that Japaul Gold in recent times had erased what was left of its debt, and also cleaned up its balance sheet from negative equity of N35.5 billion. The company’s net assets is now N4.78 billion.

What to expect

A decline in the shares of the company is expected tomorrow as over N28.9 million units of the company’s shares, worth N33.5 million were offered today at N1.16 without a single bid.

Japaul stock

This suggests that investors will likely offer the shares of the company at a lower price tomorrow to avoid being trapped, as the shares of the company continue to shed value. 


Follow us for Breaking News and Market Intelligence.
Tags: Japaul Gold
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

Related Posts

Japaul gold
Companies

Japaul Gold signs N26 billion sand mining deal to reclaim Gracefield Island for luxurious development in Lekki 

November 26, 2024
Gold-backed JPGold Coin lists on LAtoken Exchange
Company Profile

Japaul Gold’s ‘new oil’ business is well-positioned by Paul Jegede to meet global demands

September 25, 2022
ETF, stocks, shares, investment, equity,Gold loses some shine on hopes for COVID-19 vaccines
Markets

Japaul Gold mines gold for investors, as shares return N751 million for investors in two days

April 13, 2021
Japaul
Markets

Japaul Gold records 40% surge in a week raising its capitalization by N1.38 billion

April 10, 2021
Gold Up as U.S. hits Record Number of COVID-19 Cases, Gold stands firm above $1,800 over increasing virus fears and weaker dollar , Gold stands firm above $1,800 over increasing virus fears and weaker dollar, Gold prices surge higher, Traders focus on U.S. Federal Reserve
Markets

Japaul Gold shares gain N752 million in three trading sessions

April 7, 2021
market's, Bears clawing down on the naira, hits N425 to $1
Spotlight

Bears take a grip on Nigerian stocks, investors lose N92 billion

March 3, 2021
Next Post
$700 million worth of Bitcoin moved by an unknown identity

273,000 Bitcoins taken away from crypto market within a month

Comments 2

  1. Ikenna Onwumere says:
    January 20, 2021 at 10:28 pm

    Access Bank….Now that they have a Holding company together…We should be expecting hostile take overs…Businesses with none performing loans are in trouble. I wonder if this is a time to by Japaul Gold. Now that its shares are coming down to nothing. I just 10k I could own 9000 units.

    Reply
  2. Chuka M says:
    January 31, 2021 at 5:15 pm

    I really appreciate you for what you have been doing here. Please i will like to get in touch with you on a private issue based on stock. My name is Chuka M.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Key policies that shaped Nigeria’s tech industry under Buhari’s 8-year rule 
  • Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees
  • TikTok removes over 3.6 million Nigerian videos in Q1 2025  

Follow us on social media:

Recent News

Key policies that shaped Nigeria’s tech industry under Buhari’s 8-year rule 

Key policies that shaped Nigeria’s tech industry under Buhari’s 8-year rule 

July 15, 2025
Investments

Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics