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

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded down 25% during trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. 771,000 shares changed hands during trading, an increase of 99% from the average session 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 price-to-earnings ratio of -1.50 and a beta of 0.47. The business’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01.

About Falcon Gold

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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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