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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 428,200 shares were traded during trading, an increase of 1% from the average daily volume of 423,988 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

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

Falcon Gold Company Profile

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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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