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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) shot up 33.3% during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 214,915 shares were traded during trading, a decline of 49% from the average session volume of 419,455 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Down 25.0%

The firm’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01. The firm has a market capitalization of C$2.66 million, a PE ratio of -1.50 and a beta of 0.59.

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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