Falcon Gold (CVE:FG) Trading 33.3% Higher – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price traded 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. 137,815 shares were traded during trading, a decline of 67% from the average session volume of 415,991 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

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

About Falcon Gold

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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. 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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