Falcon Gold (CVE:FG) Trading Up 25% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was up 25% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares changed hands during trading, an increase of 64% from the average daily volume of 214,077 shares. The stock had previously closed at C$0.02.

Falcon Gold Price 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 business’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61.

Falcon Gold Company Profile

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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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