Falcon Gold (CVE:FG) Shares Up 33.3% – Still a Buy?

Shares of 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. 892,800 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 815,130 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Up 33.3%

The company has a market cap of C$3.76 million, a PE ratio of -2.00 and a beta of 1.14. The firm’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

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.