Falcon Gold (CVE:FG) Trading 33.3% Higher – Still a Buy?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) rose 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.02. Approximately 4,030,343 shares changed hands during trading, an increase of 888% from the average daily volume of 407,864 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The company has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The stock has a market cap of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.47.

About Falcon Gold

(Get Free Report)

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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