Falcon Gold (CVE:FG) Trading 25% Higher – Still a Buy?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded up 25% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 351,000 shares changed hands during 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 stock has a market cap 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 current ratio of 0.28 and a quick ratio of 0.91. The stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple 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.

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