Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) shot up 40% during mid-day trading on Friday . The company 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 Trading Up 40.0 %
The firm has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. 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 stock has a market cap of C$5.32 million, a PE 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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