Falcon Gold (CVE:FG) Stock Price Up 33.3% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report) was up 33.3% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 4,030,343 shares were traded during mid-day trading, an increase of 888% from the average daily volume of 407,864 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 33.3%

The stock has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.47. The company’s 50-day moving average is C$0.01 and its 200-day moving average is C$0.01.

Falcon Gold Company Profile

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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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