Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) fell 25% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 4,422,371 shares changed hands during trading, an increase of 183% from the average session volume of 1,564,390 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The company’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01. The firm has a market capitalization of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.77.
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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