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

Falcon Gold Corp. (CVE:FGGet Free Report) was up 25% 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 Stock Up 25.0 %

The stock has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

Falcon Gold Company Profile

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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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