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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price traded down 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 2,722,587 shares were traded during trading, an increase of 222% from the average session volume of 846,059 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock has a market capitalization of C$2.82 million, a P/E ratio of -1.50 and a beta of 0.77. The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

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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