Falcon Gold (CVE:FG) Stock Price Up 33.3% – Time to Buy?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price shot up 33.3% on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,604,256 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 1,574,356 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 33.3%

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 0.77.

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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