Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 25% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 112,796 shares changed hands during trading, a decline of 74% from the average daily volume of 427,360 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The business has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.01. The firm has a market capitalization of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.59.
Falcon Gold Company Profile
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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