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

Falcon Gold Corp. (CVE:FGGet Free Report) was up 33.3% on Wednesday . The company 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 Stock Performance

The firm has a market capitalization of C$7.10 million, a P/E ratio of -3.40 and a beta of 0.61. The business has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

About Falcon Gold

(Get Free Report)

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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