Falcon Gold (CVE:FG) Trading Up 25% – Here’s Why

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) rose 25% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares were traded 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 Price Performance

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 company has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.04. The company has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61.

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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