Falcon Gold (CVE:FG) Trading 25% Higher – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock 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 traded 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 Up 25.0 %

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

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.

Further Reading

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