Falcon Gold (CVE:FG) Shares Up 25% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price rose 25% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares changed hands during mid-day 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 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The company has a market capitalization of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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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