Falcon Gold (CVE:FG) Trading Up 33.3% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares were up 33.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 654,000 shares traded hands during trading, an increase of 457% from the average daily volume of 117,336 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The firm 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 moving average price is C$0.03 and its two-hundred day moving average price 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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