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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) were up 33.3% on Monday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 4,030,343 shares changed hands during trading, an increase of 890% from the average daily volume of 407,223 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 33.3%

The stock has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The firm has a market cap of C$3.55 million, a PE ratio of -2.00 and a beta of 0.47.

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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