Falcon Gold (CVE:FG) Stock Price Up 33.3% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price rose 33.3% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 654,000 shares changed hands during mid-day trading, an increase of 455% from the average daily volume of 117,901 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The firm has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The stock has a market cap of C$7.10 million, a price-to-earnings 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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