Falcon Gold (CVE:FG) Shares Up 40% – Here’s What Happened

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded up 40% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 141,500 shares changed hands during 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 Stock Performance

The stock’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. 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

(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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