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

Falcon Gold Corp. (CVE:FGGet Free Report) shares rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 1,821,000 shares were traded during mid-day trading, an increase of 328% from the average daily volume of 425,039 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. 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.

About Falcon Gold

(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.

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