Falcon Gold (CVE:FG) Trading Down 25% – What’s Next?

Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price dropped 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 628,200 shares changed hands during 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 Stock Performance

The stock’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01. The firm has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.59.

Falcon Gold Company Profile

(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.

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