Falcon Gold (CVE:FG) Trading Up 40% – Still a Buy?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded up 40% during mid-day 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 Up 40.0 %

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 company has a market cap of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The stock has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.03.

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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