Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 526,961 shares changed hands during trading, a decline of 59% from the average daily volume of 1,294,981 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Down 20.0%
The business’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The firm has a market cap of C$3.56 million, a price-to-earnings ratio of -2.00 and a beta of 0.77.
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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.
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