Falcon Gold (CVE:FG) Trading 33.3% Higher – Still a Buy?

Falcon Gold Corp. (CVE:FG)’s share price traded up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 237,815 shares changed hands during trading, a decline of 43% from the average session volume of 416,452 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock has a market cap of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.59. The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.01.

About Falcon Gold

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.