Falcon Gold (CVE:FG) Stock Price Up 20% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price shot up 20% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 128,000 shares changed hands during mid-day trading, an increase of 9% from the average session volume of 117,151 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Up 40.0 %

The company has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a market capitalization of C$5.32 million, a price-to-earnings ratio of -3.50 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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