Falcon Gold (CVE:FG) Trading Up 16.7% – Here’s Why

by · The Cerbat Gem

Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price shot up 16.7% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 596,000 shares traded hands during mid-day trading, an increase of 452% from the average session volume of 108,031 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The firm’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market cap of C$7.10 million, a P/E ratio of -3.40 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.

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