Falcon Gold (CVE:FG) Stock Price Up 33.3% – What’s Next?
by Scott Moore · The Cerbat GemShares of Falcon Gold Corp. (CVE:FG – Get Free Report) rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,454,256 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 1,536,856 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The company has a market capitalization of C$3.55 million, a PE ratio of -2.00 and a beta of 0.77. The stock’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.01.
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. 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.