Falcon Gold (CVE:FG) Trading Up 33.3% – Should You Buy?

Falcon Gold Corp. (CVE:FG)’s stock price was up 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 237,815 shares traded hands during trading, a decline of 43% from the average daily volume of 416,452 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 33.3%

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

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.