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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was up 33.3% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 654,000 shares traded 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 Price Performance

The stock has a market capitalization of C$7.10 million, a P/E ratio of -3.40 and a beta of 0.61. The firm has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

Falcon Gold Company Profile

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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.

Further Reading

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