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

Shares of Falcon Gold Corp. (CVE:FG) shot up 33.3% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 893,633 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 815,160 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The business’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a market capitalization of C$2.82 million, a price-to-earnings ratio of -1.50 and a beta of 1.14.

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.