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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price shot up 33.3% during trading on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. 214,915 shares were traded during trading, a decline of 49% from the average session volume of 419,455 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The stock has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.59. The company has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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