Falcon Gold (CVE:FG) Trading 16.7% Higher

Falcon Gold Corp (CVE:FG) shares traded up 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04, 186,000 shares changed hands during trading. An increase of 18% from the average session volume of 158,066 shares. The stock had previously closed at C$0.03.

The company has a debt-to-equity ratio of 0.41, a current ratio of 0.10 and a quick ratio of 0.03. The stock has a market cap of $1.99 million and a PE ratio of -2.50. The business’s 50 day moving average price is C$0.03.

About Falcon Gold (CVE:FG)

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.

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