Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) shot up 25% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 351,000 shares were traded 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 Performance
The business’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. 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 stock has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61.
About Falcon Gold
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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