Falcon Gold (CVE:FG) Trading 33.3% Higher – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 893,633 shares changed hands during trading, an increase of 10% from the average daily volume of 815,160 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The company has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The firm has a market capitalization of C$3.76 million, a PE ratio of -2.00 and a beta of 1.14.

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. 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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