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

Falcon Gold Corp. (CVE:FG – Get Free Report) fell 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 736,808 shares were traded during mid-day trading, a decline of 16% from the average session volume of 879,915 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The firm’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$3.56 million, a price-to-earnings ratio of -2.00 and a beta of 0.77.

About Falcon Gold

(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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