Falcon Gold (CVE:FG) Stock Price Up 33.3% – Should You Buy?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded up 33.3% on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. 1,454,256 shares were traded during trading, a decline of 5% from the average session volume of 1,536,856 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The business has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.01. The company has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.77.

About Falcon Gold

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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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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