Falcon Gold (CVE:FG) Trading Up 16.7% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded up 16.7% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 118,001 shares changed 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 Price Performance

The firm has a market capitalization of C$2.08 million, a P/E ratio of -0.88 and a beta of -0.47. The company has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of -4.45, a current ratio of 0.15 and a quick ratio of 0.91.

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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