Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price shot up 25% during mid-day trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 351,000 shares traded 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 company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The firm has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The stock has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.04.
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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