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

by · The Cerbat Gem

Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 25% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 112,796 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 427,360 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 PE ratio of -1.50 and a beta of 0.59. The business has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.01.

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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