Falcon Gold (CVE:FG) Shares Up 33.3% – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price traded up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.02. 4,030,343 shares changed hands during mid-day trading, an increase of 888% from the average session volume of 407,864 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The company’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The stock has a market capitalization of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.47.

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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