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

Falcon Gold Corp. (CVE:FGGet Free Report) rose 33.3% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 446,000 shares traded hands during trading, an increase of 198% from the average daily volume of 149,871 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Down 12.5 %

The company has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a market capitalization of C$6.21 million, a P/E ratio of -2.98 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.

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