Falcon Gold (CVE:FG) Stock Price Up 25% – Time to Buy?

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

Falcon Gold Price Performance

The business’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The stock has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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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