Falcon Gold (CVE:FG) Stock Price Down 20% – What’s Next?
by Sarita Garza · The Markets DailyShares of Falcon Gold Corp. (CVE:FG – Get Free Report) traded down 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 526,961 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 1,295,106 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Performance
The business’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.01. The stock has a market cap of C$3.56 million, a P/E ratio of -2.00 and a beta of 0.77.
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.