Falcon Gold Corp. (CVE:FG – Get Free Report) shares shot up 25% on Saturday . The company 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 Trading Up 25.0 %
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 firm has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.
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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