Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 66.7% during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 4,834,150 shares were traded during trading, an increase of 1,688% from the average daily volume of 270,303 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.03. The stock has a market cap of C$1.77 million, a price-to-earnings ratio of -0.85 and a beta of 0.61.
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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