Falcon Gold (CVE:FG) Trading Up 33.3% – What’s Next?

Falcon Gold Corp. (CVE:FG) traded up 33.3% during trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. 1,454,256 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 1,536,856 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Up 33.3%

The firm has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.01. The stock has a market capitalization of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.77.

Falcon Gold Company Profile

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.