Falcon Gold Corp. (CVE:FG – Get Free Report) was up 40% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 118,051 shares. The stock had previously closed at C$0.03.
Falcon Gold Price Performance
The stock has a market capitalization of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. 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 stock has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03.
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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