Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price shot up 40% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 141,500 shares changed hands during 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 stock has a market cap of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. 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 stock has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.
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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