Falcon Gold (CVE:FG) Stock Price Down 25% – Here’s What Happened
by Teresa Graham · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report) was down 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 628,200 shares were traded 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 Price Performance
The company has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The stock has a market cap of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.59.
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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