Falcon Gold (CVE:FG) Stock Price Up 12.5% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) shares rose 12.5% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 142,380 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 231,465 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Performance

The stock has a market capitalization of C$6.84 million, a P/E ratio of -4.50 and a beta of 0.61. The company’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

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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