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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price shot up 33.3% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 446,000 shares traded hands during trading, an increase of 198% from the average session volume of 149,871 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The stock has a fifty 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 capitalization of C$7.10 million, a price-to-earnings ratio of -3.40 and a beta of 0.61.

Falcon Gold Company Profile

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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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