Falcon Gold Corp. (CVE:FG – Get Free Report) rose 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 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 Stock Performance
The firm has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61.
About Falcon Gold
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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