Falcon Gold (CVE:FG) Trading Up 25% – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report) shot up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 351,000 shares changed hands during 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 stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. 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 stock has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61.

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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