Falcon Gold (CVE:FG) Trading Down 66.7% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report) was down 66.7% during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 4,834,150 shares changed hands during mid-day trading, an increase of 1,688% from the average daily volume of 270,303 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The firm has a market capitalization of C$887,170.00, a price-to-earnings ratio of -0.43 and a beta of 0.61. The stock has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.03.

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.

Further Reading

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