Falcon Gold (CVE:FG) Shares Up 40% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) shares rose 40% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares were traded during 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 Stock Performance

The stock has a market capitalization of C$5.32 million, a PE ratio of -3.50 and a beta of 0.61. The business’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91.

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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