Falcon Gold (CVE:FG) Trading Down 20% – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report) traded down 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 526,961 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 1,295,106 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Down 20.0%

The firm has a market capitalization of C$3.56 million, a P/E ratio of -2.00 and a beta of 0.77. The business’s fifty day moving average is C$0.02 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. 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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