Falcon Gold (CVE:FG) Stock Price Up 16.7% – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares shot up 16.7% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 140,000 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 142,278 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Up 16.7 %

The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61.

Falcon Gold Company Profile

(Get Free Report)

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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