Falcon Gold (CVE:FG) Stock Price Up 25% – Here’s What Happened

by · The Cerbat Gem

Falcon Gold Corp. (CVE:FG – Get Free Report) shares were up 25% during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 340,134 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 1,188,998 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The company has a market capitalization of C$4.45 million, a PE ratio of -2.50 and a beta of 0.77. The business’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.01.

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. 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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