Falcon Gold (CVE:FG) Trading 20% Higher – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was up 20% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 128,000 shares traded hands during trading, an increase of 9% from the average daily volume of 117,151 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Up 40.0 %

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

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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