Falcon Gold (CVE:FG) Shares Down 25% – Here’s What Happened

Shares of Falcon Gold Corp. (CVE:FG) traded down 25% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 2,722,587 shares changed hands during mid-day trading, an increase of 222% from the average session volume of 846,059 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Down 25.0%

The company has a market cap of C$2.82 million, a PE ratio of -1.50 and a beta of 0.77. The business has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

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.