Falcon Gold (CVE:FG) Trading Up 25% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price shot up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 351,000 shares traded hands during mid-day 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 Price Performance

The stock has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The company’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91.

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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