Falcon Gold (CVE:FG) Shares Up 33.3% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price rose 33.3% during trading on Wednesday . The stock 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 stock’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The company has a market capitalization of C$7.10 million, a price-to-earnings 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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