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

Falcon Gold Corp. (CVE:FGGet Free Report) was 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. Approximately 654,000 shares were traded 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 200 day simple moving average of 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.

Falcon Gold Company Profile

(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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