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 changed hands 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’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 debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.
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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