JAPAULGOLD - Japaul Gold and Ventures Plc

Nov 22, 2024 at 14:35 Twitter · Facebook

JAPAULGOLD share price on Nigerian Stock Exchange

Japaul Gold and Ventures Plc, incorporated in 1994, is a Nigerian upstream service company engaged in the business of mining, oil and gas, maritime, dredging, transportation, engineering, and construction services. Formerly called Japaul Oil and Maritime Services Plc, the change was occasioned by the marked emphasis on the company's mining business and its venturing into technology development, as it shifts from the largely oil and gas dependent business activities. In 2005, Japaul experienced a major restructuring activity culminating in the raising of ₦1.3 billion through its IPO and an additional ₦20 billion through a public offer two years later.

Japaul Group's service portfolio includes offshore vessels owning and chartering (Japaul Shipping & Offshore Services Ltd); downstream petroleum marketing (Japaul Energy Ltd); infrastructural development (Japaul Infrastructures Ltd); mining (Japaul Mines & Products Ltd); and pipeline constructions and repairs, marine logistics/equipment fabrication and leasing and repairs (Japaul Dredging Services Ltd). Japaul's shareholders consists of over 25,000 Nigerians as the company aims to place at least 60% of marine assets in the hands of indigenous companies.

Japaul Gold and Ventures Plc is listed on the Nigerian Stock Exchange (NGX) since August 10th, 2005. Japaul Gold and Ventures is traded on the NGX under the ticker symbol “JAPAULGOLD”. The International Securities Identification Number (ISIN) of NGX:JAPAULGOLD is NGJAPAULOIL4. Japaul Gold and Ventures Plc is currently the 60th most valuable stock on the NGX with a market capitalization of NGN 32.8 billion, which makes about 0.055% of the Nigerian Stock Exchange equity market.

JAPAULGOLD Stock Market Performance

The current share price of Japaul Gold and Ventures Plc (JAPAULGOLD) is NGN 2.30. JAPAULGOLD closed its last trading day (Friday, November 22, 2024) at 2.30 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9% gain over its previous closing price of 2.11 NGN. Japaul Gold and Ventures began the year with a share price of 1.70 NGN and has since gained 35.3% on that price valuation, ranking it 50th on the NGX in terms of year-to-date performance. Investors should, however, take caution of JAPAULGOLD’s recent bad performance, having lost 6% of its value in the past four weeks.

Japaul Gold and Ventures is the second most traded stock on the Nigerian Stock Exchange over the past three months (Aug 26 - Nov 22, 2024). JAPAULGOLD has traded a total volume of 2.41 billion shares—in 10,465 deals—valued at NGN 5.89 billion over the period, with an average of 38.2 million traded shares per session. A volume high of 591 million was achieved on September 27th, and a low of 1.42 million on November 14th, for the same period. The table below details the last 10 trading days of activity of Japaul Gold and Ventures on the Nigerian Stock Exchange.

Profile of Japaul Gold and Ventures Plc

Japaul Gold and Ventures Plc operates in the Basic Materials sector, specifically, the Mining industry. The company is led by Akinloye Daniel Oladapo as its Group Managing Director, since 2018. The company's board of directors, chaired by Paul Jegede, is composed of nine members whose names are listed below.

1. Jegede, Paul
   Non-Executive Chairman
2. Oladapo, Akinloye Daniel
   Group Managing Director
3. Falua, Olubunmi
   Executive Director, Finance & Planning
4. Nasir, Abdulkadir Mamman (Hon.)
   Non-Executive Director
5. Omodamori, Funmilola (Mrs.)
   Group Head, Internal Control & Risk Management
6. Uyokpeyi, Kingsley (Engr.)
   CEO, Japaul Dredging Services Ltd
7. Onifade, Adeola
   Group Human Resources Manager
8. Johnson, Adejumobi
   Exec. Technical Assistant to MD
9. Abayomi, Talabi (Engr.)
   Group Head, Business Development

JAPAULGOLD Industrial Market Competitors

Japaul Gold and Ventures Plc, issuers of the JAPAULGOLD stock on the Nigerian Stock Exchange, have four market competitors who are also engaged in the Basic Materials sector and/or Mining industry. The table below presents an overview of their market standing.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange