Falcon Gold (CVE:FG) Shares Up 25% – Time to Buy?

Falcon Gold Corp. (CVE:FG) was up 25% during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 340,134 shares traded hands during trading, a decline of 71% from the average session volume of 1,188,998 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 25.0%

The company has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.01. The company has a market capitalization of C$4.45 million, a PE ratio of -2.50 and a beta of 0.77.

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.