Falcon Gold (CVE:FG) Stock Price Up 33.3% – Time to Buy?
by Scott Moore · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report) rose 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 209,497 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 171,808 shares. The stock had previously closed at C$0.03.
Falcon Gold Price Performance
The company has a market cap of C$2.37 million, a price-to-earnings ratio of -1.00 and a beta of 0.00. The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.02.
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. 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.