Falcon Gold Corp. (CVE:FG – Get Free Report) shot up 40% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 141,500 shares were traded 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 stock has a market cap of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The stock has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.
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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