Falcon Gold (CVE:FG) Trading 25% Higher – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares shot up 25% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 351,000 shares traded hands during 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 company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The company has a market cap of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61.

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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