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

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

Falcon Gold Stock Performance

The firm has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.03. The company has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

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.

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