Falcon Gold (CVE:FG) Trading Up 25% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) was up 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares were traded 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 Stock Performance

The firm’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.04. The firm has a market capitalization 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 current ratio of 0.28 and a quick ratio of 0.91.

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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