Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) shot up 33.3% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 446,000 shares traded hands during mid-day trading, an increase of 198% from the average session volume of 149,871 shares. The stock had previously closed at C$0.03.
Falcon Gold Price Performance
The stock has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.03. The firm has a market capitalization of C$7.10 million, a P/E ratio of -3.40 and a beta of 0.61.
About Falcon Gold
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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