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

Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) were down 25% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 235,540 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 420,415 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Down 25.0%

The company has a market capitalization of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.59. The stock’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01.

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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