Falcon Gold Corp. (CVE:FG – Get Free Report) shares were up 40% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 141,500 shares were traded 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 Trading Up 40.0 %
The business has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a market cap of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.
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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