Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 25% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 203,000 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 417,843 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.01. The firm has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.47.
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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