Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 25% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 183,533 shares changed hands during trading, an increase of 408% from the average daily volume of 36,132 shares. The stock had previously closed at C$0.02.
Falcon Gold Trading Down 25.0%
The firm has a market cap of C$2.66 million, a PE ratio of -1.50 and a beta of 0.77. The firm has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.01.
Falcon Gold Company Profile
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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