Falcon Gold (CVE:FG) Trading Up 33.3% – Should You Buy?

Shares of Falcon Gold Corp. (CVE:FG) rose 33.3% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 893,633 shares traded hands during trading, an increase of 10% from the average daily volume of 815,160 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 33.3%

The stock has a market capitalization of C$3.76 million, a P/E ratio of -2.00 and a beta of 1.14. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

Falcon Gold Company Profile

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.