Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 25% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 235,540 shares traded hands during trading, a decline of 44% from the average daily volume of 420,415 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The stock has a market capitalization of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.59. The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.01.
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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