Falcon Gold (CVE:FG) Stock Price Down 25% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report) shares dropped 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 203,000 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 417,843 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The company has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.47. The business has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.01.

Falcon Gold Company Profile

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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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