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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 25% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares were traded 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 Down 25.0%

The firm’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The firm has a market capitalization of C$2.66 million, a PE ratio of -1.50 and a beta of 0.47.

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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