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

Shares of Falcon Gold Corp. (CVE:FG) rose 33.3% during mid-day trading on Monday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 214,915 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 419,455 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 33.3%

The firm’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.01. The firm has a market cap of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.59.

Falcon Gold Company Profile

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.