Falcon Gold (CVE:FG) Trading Up 16.7% – Here’s Why

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) rose 16.7% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 140,000 shares changed hands during trading, a decline of 2% from the average daily volume of 142,221 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Down 12.5 %

The stock has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The stock has a market capitalization of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

Falcon Gold Company Profile

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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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