Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) rose 25% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 340,134 shares changed hands during trading, a decline of 71% from the average daily volume of 1,188,998 shares. The stock had previously closed at C$0.02.
Falcon Gold Trading Up 25.0%
The company’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.01. The firm has a market cap of C$4.45 million, a PE ratio of -2.50 and a beta of 0.77.
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.
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