Falcon Gold (CVE:FG) Stock Price Up 25% – Still a Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price shot up 25% during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 340,134 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 1,168,248 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 25.0%

The firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The stock has a market cap of C$4.45 million, a price-to-earnings ratio of -2.50 and a beta of 0.77.

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. 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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