Falcon Gold (CVE:FG) Trading 33.3% Higher – Time to Buy?
by Scott Moore · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price traded up 33.3% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 237,815 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 416,452 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The firm’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.01. The stock has a market cap of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.59.
Falcon Gold Company Profile
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.