Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) 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 610,000 shares changed hands during trading, an increase of 59% from the average daily volume of 383,589 shares. The stock had previously closed at C$0.02.
Falcon Gold Trading Down 25.0%
The firm has a market capitalization of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.61. The company has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.01.
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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