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

by · The Markets Daily

Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price dropped 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 628,200 shares were traded during mid-day 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 Trading Down 25.0%

The company has a market cap of C$2.66 million, a PE ratio of -1.50 and a beta of 0.59. The stock 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

(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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