Falcon Gold (CVE:FG) Trading Up 33.3% – Here’s Why

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

Falcon Gold Price Performance

The company has a market cap of C$7.10 million, a price-to-earnings ratio of -3.40 and a beta of 0.61. The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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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