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

Falcon Gold Corp. (CVE:FGGet Free Report) shares were down 25% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 184,533 shares were traded during trading, an increase of 45% from the average daily volume of 127,399 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The business’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01. The firm has a market cap of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.77.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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