Falcon Gold (CVE:FG) Trading 16.7% Higher – Still a Buy?

Falcon Gold Corp. (CVE:FGGet Free Report) shares were up 16.7% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 140,000 shares changed hands during trading, a decline of 2% from the average daily volume of 142,278 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a market cap of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61. The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

About Falcon Gold

(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.

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