Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price rose 40% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 118,051 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Performance
The company has a market capitalization of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.
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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