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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price rose 40% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares changed hands 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 Up 40.0 %

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

About Falcon Gold

(Get Free Report)

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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