Falcon Gold (CVE:FG) Trading Down 14.3% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price fell 14.3% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 130,000 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 138,959 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Performance

The company has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61. The company’s fifty day moving average is C$0.03 and its two-hundred day 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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