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

Falcon Gold Corp. (CVE:FGGet Free Report) was down 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 2,875,715 shares changed hands during trading, an increase of 220% from the average daily volume of 897,305 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The firm has a market capitalization of C$2.82 million, a price-to-earnings ratio of -1.50 and a beta of 1.14. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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