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

Falcon Gold Corp. (CVE:FG) shares rose 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 351,000 shares traded hands during trading, an increase of 64% from the average daily volume of 214,077 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 25.0 %

The firm has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The stock has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

Falcon Gold Company Profile

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.