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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) were 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 traded 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 business has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a market cap 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.

Further Reading

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