Falcon Gold (CVE:FG) Trading Up 25% – Here’s What Happened
by Kim Johansen · The Markets DailyFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price rose 25% during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 340,134 shares changed hands during 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 Stock Up 25.0%
The firm has a market capitalization of C$4.45 million, a price-to-earnings ratio of -2.50 and a beta of 0.77. The company’s fifty day moving average is C$0.02 and its two-hundred day moving average 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.