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