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

Falcon Gold Corp. (CVE:FGGet Free Report) shares dropped 25% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 610,000 shares traded hands during trading, an increase of 59% from the average daily volume of 383,589 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 P/E ratio of -1.50 and a beta of 0.61. The stock has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01.

About Falcon Gold

(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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