Falcon Gold (CVE:FG) Stock Price Up 25% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded up 25% during trading on Saturday . The company 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 Up 25.0 %

The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The company has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

About Falcon Gold

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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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