Falcon Gold Corp. (CVE:FG – Get Free Report) shares shot up 40% during trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 141,500 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 118,051 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Up 40.0 %
The company has a market capitalization of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The company has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.
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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