Falcon Gold (CVE:FG) Stock Price Up 40% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) traded up 40% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 141,500 shares traded 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 Performance

The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91. The company’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The company has a market cap of C$5.32 million, a PE ratio of -3.50 and a beta of 0.61.

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.

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