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

by · The Markets Daily

Falcon Gold Corp. (CVE:FGGet Free Report) traded down 25% during mid-day trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. 771,000 shares were traded during trading, an increase of 99% from the average session volume of 388,069 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The firm has a market cap of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.47. The firm’s 50 day moving average is C$0.01 and its 200 day 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.

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