Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 25% during mid-day trading 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 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 Price Performance
The firm has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of 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.
Falcon Gold Company Profile
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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