Falcon Gold (CVE:FG) Shares Down 25% – What’s Next?
by Renee Jackson · The Cerbat GemShares of Falcon Gold Corp. (CVE:FG – Get Free Report) fell 25% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 183,533 shares changed hands during trading, an increase of 408% from the average session volume of 36,132 shares. The stock had previously closed at C$0.02.
Falcon Gold Trading Up 33.3%
The company has a market cap of C$3.55 million, a PE ratio of -2.00 and a beta of 0.77. The company’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. 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.