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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price traded down 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 771,000 shares changed hands during trading, an increase of 99% from the average session volume of 388,069 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

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

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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