Falcon Gold (CVE:FG) Trading Up 25% – Here’s Why

by · The Markets Daily

Falcon Gold Corp. (CVE:FG – Get Free Report) was up 25% on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares were traded during mid-day 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 capitalization of C$3.80 million, a P/E 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 business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of 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.

Featured Articles