Falcon Gold (CVE:FG) Shares Up 33.3% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price shot up 33.3% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 654,000 shares were traded during trading, an increase of 455% from the average session volume of 117,901 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The firm has a market cap of C$7.10 million, a price-to-earnings ratio of -3.40 and a beta of 0.61. The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

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.

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