Falcon Gold (CVE:FG) Shares Up 33.3% – Here’s What Happened

Falcon Gold Corp. (CVE:FG) traded up 33.3% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.02. 1,821,000 shares traded hands during mid-day trading, an increase of 328% from the average session volume of 425,039 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01. The company has a market capitalization of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.47.

About Falcon Gold

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.