Falcon Gold (CVE:FG) Shares Down 25% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price dropped 25% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 2,097,732 shares traded hands during trading, an increase of 974% from the average daily volume of 195,310 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Down 25.0%

The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The stock has a market capitalization of C$2.66 million, a P/E ratio of -1.28 and a beta of 0.61.

Falcon Gold Company Profile

(Get Free Report)

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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