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

Falcon Gold Corp. (CVE:FGGet Free Report) shares were up 33.3% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.02. Approximately 1,821,000 shares changed hands during trading, an increase of 328% from the average daily volume of 425,039 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 33.3%

The firm’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.01. The firm has a market cap of C$3.55 million, a PE ratio of -2.00 and a beta of 0.47.

About Falcon Gold

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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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