Falcon Gold (CVE:FG) Shares Up 33.3% – Here’s What Happened

Falcon Gold Corp. (CVE:FG)’s share price shot up 33.3% during mid-day trading on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. 237,815 shares changed hands during mid-day 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 Stock Up 33.3%

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

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.