Falcon Gold (CVE:FG) Stock Price Down 25% – What’s Next?

Falcon Gold Corp. (CVE:FG)’s stock price traded down 25% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 610,000 shares changed hands during mid-day trading, an increase of 59% from the average session volume of 383,589 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Performance

The company’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The company has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.61.

Falcon Gold Company Profile

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.