Falcon Gold (CVE:FG) Trading Up 25% – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded up 25% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 563,857 shares were traded during mid-day trading, an increase of 36% from the average session volume of 414,202 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The firm’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.01. The company has a market capitalization of C$4.44 million, a price-to-earnings ratio of -2.50 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.

Further Reading

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