Falcon Gold (CVE:FG) Shares Up 25% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares shot up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 351,000 shares changed hands during trading, an increase of 64% from the average session volume of 214,051 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 25.0 %

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 firm has a market cap of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04.

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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