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flag Falcon Gold surged 33% on Monday, closing at C$0.02, but the reason for the jump was unexplained.

flag Falcon Gold (CVE:FG) jumped 33.3% on Monday, hitting a high of C$0.02 and closing at that level, with trading volume at 237,815 shares—43% below its average. flag The company, based in Vancouver, explores for gold, silver, copper, base metals, and diamonds in the Americas, with its flagship project near Agnico Eagle’s Hammond Reef deposit. flag It has a market cap of C$3.55 million, a negative P/E ratio of -2.00, and a beta of 0.59. flag The stock traded near its 50-day moving average of C$0.02 and above its 200-day average of C$0.01. flag The cause of the price surge was not explained.

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