Falcon Gold (CVE:FG) Shares Down 25% – Here’s What Happened
by Mitch Edgeman · The Markets DailyFalcon Gold Corp. (CVE:FG – Get Free Report) traded down 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 112,796 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 427,360 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The company has a market capitalization of C$2.66 million, a PE ratio of -1.50 and a beta of 0.59. The stock’s 50 day moving average is C$0.02 and its 200 day moving average is 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.
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