Falcon Gold (CVE:FG) Shares Down 33.3% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price dropped 33.3% on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 126,000 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 327,820 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The business’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The firm has a market cap of C$1.77 million, a price-to-earnings ratio of -1.00 and a beta of 0.61.

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.

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