Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price dropped 25% during trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares changed hands during mid-day 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 Performance
The stock’s fifty day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01. The company has a market capitalization of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.47.
About Falcon Gold
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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