Falcon Gold (CVE:FG) Trading 33.3% Higher – Should You Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was up 33.3% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 214,915 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 419,455 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The company’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.01. The firm has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.59.

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. 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.

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