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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price fell 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 112,796 shares changed hands during trading, a decline of 74% from the average session volume of 427,360 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Down 25.0%

The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.01. The firm has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.59.

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.

Further Reading

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.