Falcon Gold (CVE:FG) Shares Up 25% – Still a Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price rose 25% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares traded hands 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 Trading Up 25.0 %

The stock has a market cap of C$3.80 million, a P/E 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. The business’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

About Falcon Gold

(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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