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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) dropped 25% on Saturday . The company 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 has a market capitalization of C$2.66 million, a PE ratio of -1.50 and a beta of 0.47. The firm’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.01.

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.

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