Falcon Gold (CVE:FG) Stock Price Down 25% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price dropped 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 203,000 shares changed hands during trading, a decline of 51% from the average daily volume of 417,843 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01. The company has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 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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