Falcon Gold (CVE:FG) Stock Price Down 12.5% – Here’s What Happened

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) were down 12.5% on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Down 12.5 %

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

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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