Falcon Gold (CVE:FG) Trading Down 25% – Here’s What Happened
by Amy Steele · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report) shares were down 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 202,433 shares were traded during trading, a decline of 78% from the average daily volume of 903,132 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The company has a market cap of C$3.56 million, a P/E ratio of -2.00 and a beta of 0.77.
About Falcon Gold
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.