Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 12.5% on Saturday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares traded hands during trading, an increase of 13% from the average daily volume of 150,363 shares. The stock had previously closed at C$0.04.
Falcon Gold Stock Performance
The firm’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The stock has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.
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.
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