Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) rose 50% on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,345,000 shares were traded during mid-day trading, an increase of 507% from the average daily volume of 221,481 shares. The stock had previously closed at C$0.01.
Falcon Gold Stock Performance
The company has a market capitalization of C$2.66 million, a PE ratio of -1.28 and a beta of 0.61. The stock has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03.
About Falcon Gold
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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