Falcon Gold (CVE:FG) Stock Price Up 60% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report) shares rose 60% during trading on Thursday . The stock traded as high as C$0.01 and last traded at C$0.01. Approximately 142,000 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 268,877 shares. The stock had previously closed at C$0.01.

Falcon Gold Price Performance

The company has a market cap of C$1.42 million, a PE ratio of -0.68 and a beta of 0.61. The company has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.03.

About Falcon Gold

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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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