Falcon Gold (CVE:FG) Stock Price Up 33.3% – What’s Next?

by · The Markets Daily

Falcon Gold Corp. (CVE:FGGet Free Report) was up 33.3% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 446,000 shares changed hands during mid-day trading, an increase of 198% from the average daily volume of 149,871 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The stock’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03. The company has a market capitalization of C$7.10 million, a PE ratio of -3.40 and a beta of 0.61.

About Falcon Gold

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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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