Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price dropped 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 2,875,715 shares were traded during trading, an increase of 220% from the average daily volume of 897,305 shares. The stock had previously closed at C$0.02.
Falcon Gold Trading Down 25.0%
The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The stock has a market capitalization of C$2.82 million, a price-to-earnings ratio of -1.50 and a beta of 1.14.
Falcon Gold Company Profile
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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