Falcon Gold (CVE:FG) Trading Up 20% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares rose 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 128,000 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 117,151 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41. The firm has a market cap of C$5.32 million, a PE ratio of -3.50 and a beta of 0.61. The business has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average 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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