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

Falcon Gold Corp. (CVE:FGGet Free Report) dropped 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 628,200 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 424,941 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 0.59. The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.01.

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.

Featured Stories

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.