Falcon Gold (CVE:FG) Shares Down 25% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) was down 25% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares traded hands during trading, an increase of 99% from the average daily volume of 388,069 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The firm has a market cap of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.47. The firm’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.01.

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.

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