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