Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares were traded 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 Stock Down 25.0%
The firm’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.47.
About Falcon Gold
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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