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

Falcon Gold Corp. (CVE:FGGet Free Report) shares shot up 33.3% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 446,000 shares were traded during trading, an increase of 198% from the average session volume of 149,871 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Down 12.5 %

The firm has a market cap of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61. The firm has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03.

Falcon Gold Company Profile

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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.

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