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

Falcon Gold Corp. (CVE:FGGet Free Report) shares were down 25% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares were traded 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 Stock Down 25.0%

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

Falcon Gold Company Profile

(Get Free Report)

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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