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

Falcon Gold Corp. (CVE:FGGet Free Report) shot up 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 351,000 shares traded hands 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 Up 25.0 %

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 company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04.

Falcon Gold Company Profile

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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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