Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,333,210 shares were traded during trading, an increase of 255% from the average daily volume of 375,167 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Down 20.0%
The firm has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.01. The stock has a market capitalization of C$3.55 million, a price-to-earnings ratio of -2.00 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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