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

by · The Markets Daily

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) were up 33.3% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 4,030,343 shares were traded during 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 Trading Up 33.3%

The business’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The firm has a market cap of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.47.

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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