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

Shares of Falcon Gold Corp. (CVE:FG) shot up 33.3% on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. 214,915 shares traded hands during trading, a decline of 49% from the average session volume of 419,455 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 33.3%

The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01. The firm has a market capitalization of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.59.

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.