Falcon Gold (CVE:FG) Trading Up 25% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price traded up 25% on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 340,134 shares changed hands during trading, a decline of 71% from the average session volume of 1,188,998 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The company has a market cap of C$4.45 million, a price-to-earnings ratio of -2.50 and a beta of 0.77.

Falcon Gold Company Profile

(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. 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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