Falcon Gold (CVE:FG) Shares Up 60% – Still a Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares shot up 60% during mid-day trading on Thursday . The stock traded as high as C$0.01 and last traded at C$0.01. 142,000 shares changed hands during trading, a decline of 47% from the average session volume of 268,877 shares. The stock had previously closed at C$0.01.

Falcon Gold Trading Up 60.0%

The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.03. The company has a market cap of C$1.42 million, a P/E ratio of -0.68 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.

Further Reading

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