Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price shot up 25% during trading on Saturday . The stock 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 Price Performance
The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04. The stock has a market cap 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
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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