Falcon Gold Corp. (CVE:FG – Get Free Report) rose 40% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares were traded during trading, an increase of 20% from the average daily volume of 118,051 shares. The stock had previously closed at C$0.03.
Falcon Gold Trading Up 40.0 %
The company’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03. The company has a market cap of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.
Falcon Gold Company Profile
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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