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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price 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 were traded 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 company has a market capitalization of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61. The stock has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

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.

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