Falcon Gold (CVE:FG) Trading Up 33.3% – Still a Buy?

by · The Markets Daily

Falcon Gold Corp. (CVE:FG – Get Free Report) traded up 33.3% on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. 237,815 shares traded hands during 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 Trading Up 33.3%

The firm has a market capitalization of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.59. The firm’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.01.

Falcon Gold Company Profile

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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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