Falcon Gold (CVE:FG) Shares Up 25% – Still a Buy?

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

Falcon Gold Stock Performance

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 cap of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. The firm’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

About Falcon Gold

(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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