Falcon Gold (CVE:FG) Shares Down 12.5% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was down 12.5% during trading on Saturday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares changed hands during mid-day 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 Price Performance

The company has a market capitalization of C$6.21 million, a PE ratio of -2.98 and a beta of 0.61. The firm’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

About Falcon Gold

(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.

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