Falcon Gold (CVE:FG) Sets New 52-Week High at $0.13
Falcon Gold Corp (CVE:FG)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13, with a volume of 379100 shares changing hands. The stock had previously closed at C$0.13.
Separately, Fundamental Research started coverage on shares of Falcon Gold in a research note on Friday, June 19th. They set a “positive” rating for the company.
The business’s 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.05. The company has a market cap of $3.85 million and a price-to-earnings ratio of -3.79. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.38 and a current ratio of 0.50.
Falcon Gold Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in the Americas. Its projects include the Central Canada cobalt, copper, and gold project; the Coomer Lake vanadium-titanium project; the Wabunk cobalt and copper project; and the Burton gold property located in Northern Ontario, Canada.
Further Reading: The Role of a Fiduciary and Individual Investors
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