Falcon Gold (CVE:FG) Shares Down 12.5% – Here’s What Happened

by · The Markets Daily

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) dropped 12.5% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares were traded during trading, an increase of 13% from the average daily volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Trading Down 12.5 %

The stock has a market capitalization of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61. The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

Falcon Gold Company Profile

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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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