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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 25% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. 771,000 shares were traded during mid-day trading, an increase of 99% from the average session volume of 388,069 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The firm has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The company has a market capitalization of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.47.

About Falcon Gold

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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.

Further Reading

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