Falcon Gold (CVE:FG) Shares Up 33.3% – Should You Buy?

by · The Markets Daily

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price rose 33.3% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 4,030,343 shares traded hands during mid-day trading, an increase of 888% from the average daily volume of 407,864 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock has a market capitalization of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.47. The company’s 50 day simple moving average is C$0.01 and its two-hundred day simple 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.

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