Falcon Gold (CVE:FG) Shares Up 25% – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report) shares shot up 25% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 739,400 shares traded hands during trading, an increase of 100% from the average session volume of 369,629 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The company’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The stock has a market cap of C$4.44 million, a price-to-earnings ratio of -2.50 and a beta of 0.61.

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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