Falcon Gold (CVE:FG) Shares Down 25% – What’s Next?
by Sarita Garza · The Markets DailyFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price was down 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 2,722,587 shares changed hands during trading, an increase of 222% from the average daily volume of 846,059 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The stock’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02. The stock has a market capitalization of C$2.82 million, a PE ratio of -1.50 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.