Falcon Gold (CVE:FG) Shares Up 33.3% – Still a Buy?

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

Falcon Gold Stock Up 33.3 %

The stock’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The company has a market cap of C$7.10 million, a price-to-earnings ratio of -3.40 and a beta of 0.61.

Falcon Gold Company Profile

(Get Free Report)

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

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.