Falcon Gold (CVE:FG) Shares Down 12.5% – Here’s Why

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

Falcon Gold Price Performance

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

Falcon Gold Company Profile

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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.

Further Reading

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