Falcon Gold (CVE:FG) Stock Price Down 25% – What’s Next?
by Doug Wharley · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price fell 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 2,722,587 shares were traded during trading, an increase of 222% from the average session volume of 846,059 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 P/E ratio of -1.50 and a beta of 0.77. The firm has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.
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. 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.