Falcon Gold (CVE:FG) Shares Up 25% – Should You Buy?
by Jessica Moore · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report)’s share price shot up 25% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 351,000 shares changed hands 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 Up 25.0 %
The stock 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 current ratio of 0.28 and a quick ratio of 0.91. The stock has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.04.
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.