Falcon Gold (CVE:FG) Trading Up 40% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) rose 40% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares were traded during mid-day trading, an increase of 20% from the average daily volume of 118,051 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

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 stock has a market cap of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The firm’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

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.

Further Reading

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