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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price rose 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 654,000 shares changed hands during trading, an increase of 457% from the average daily volume of 117,336 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Up 33.3 %

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

About Falcon Gold

(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.

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