Falcon Gold (CVE:FG) Shares Up 25% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was up 25% during mid-day trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares were traded during trading, an increase of 64% from the average daily volume of 214,077 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 25.0 %

The firm’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The stock has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

Falcon Gold Company Profile

(Get Free Report)

Falcon Gold Corp. generates, acquires, and explores mineral properties in the Americas. It explores for gold, silver, copper, and base metal deposits, as well as diamonds. Its flagship project is the Central Canada Gold Mine located approximately 20km southeast of Agnico Eagle’s Hammond Reef Gold Deposit.

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