Falcon Gold (CVE:FG) Shares Up 33.3% – Still a Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price rose 33.3% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 654,000 shares changed hands during mid-day trading, an increase of 455% from the average daily volume of 117,901 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The company’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$7.10 million, a price-to-earnings ratio of -3.40 and a beta of 0.61.

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.

Featured Articles

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.