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

Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price traded down 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 4,422,371 shares changed hands during mid-day trading, an increase of 200% from the average session volume of 1,472,056 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Down 25.0%

The firm’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 capitalization of C$2.66 million, a PE ratio of -1.50 and a beta of 0.77.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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