Falcon Gold (CVE:FG) Trading Up 12.5% – Still a Buy?

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

Falcon Gold Stock Up 12.5 %

The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$6.84 million, a price-to-earnings ratio of -4.50 and a beta of 0.61.

About Falcon Gold

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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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