Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 25% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares traded hands during mid-day trading, an increase of 99% from the average daily volume of 388,069 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The company has a market capitalization of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.47. The stock’s 50 day moving average is C$0.01 and its 200-day moving average is 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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