Falcon Gold (CVE:FG) Shares Up 66.7% – Should You Buy?
by Renee Jackson · The Cerbat GemShares of Falcon Gold Corp. (CVE:FG – Get Free Report) rose 66.7% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 923,000 shares were traded during mid-day trading, an increase of 122% from the average daily volume of 415,839 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The firm has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.47. The firm’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.01.
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.
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