Falcon Gold (CVE:FG) Shares Up 25% – Still a Buy?

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

The company has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The firm has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91.

Falcon Gold Company Profile

(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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