Falcon Gold (CVE:FG) Trading 40% Higher – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded up 40% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 141,500 shares changed hands during mid-day trading, an increase of 20% from the average session 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 debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The company has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.03.

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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