Falcon Gold (CVE:FG) Trading Up 25% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price rose 25% on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 214,077 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91. The stock has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The company has a market cap of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61.

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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