Falcon Gold (CVE:FG) Shares Up 25% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was up 25% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares were traded during trading, an increase of 64% from the average daily volume of 214,077 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 25.0 %

The firm has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. 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 firm’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.04.

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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