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

Falcon Gold Corp. (CVE:FGGet Free Report) traded down 12.5% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. 170,014 shares were traded during trading, an increase of 13% from the average session volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Down 12.5 %

The stock’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The stock has a market capitalization of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61.

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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