Falcon Gold (CVE:FG) Trading Up 25% – What’s Next?

by · The Markets Daily

Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price rose 25% during mid-day trading on Friday . 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 Price Performance

The company has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The stock’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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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