Falcon Gold (CVE:FG) Trading 16.7% Higher – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report) traded up 16.7% during trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 118,001 shares traded hands during trading, a decline of 15% from the average daily volume of 138,709 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Up 16.7%

The company has a quick ratio of 0.91, a current ratio of 0.15 and a debt-to-equity ratio of -4.45. The company’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The firm has a market capitalization of C$2.08 million, a PE ratio of -0.88 and a beta of -0.47.

Falcon Gold Company Profile

(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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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