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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price fell 25% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 367,039 shares were traded during mid-day trading, a decline of 61% from the average session volume of 953,310 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.01. The company has a market cap of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.77.

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. 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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