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

by · The Markets Daily

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

The stock has a market capitalization of C$3.80 million, a PE 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 stock has a fifty day moving average of C$0.03 and a 200-day moving average 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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