Falcon Gold (CVE:FG) Trading Down 12.5% – Here’s What Happened

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

Falcon Gold Price Performance

The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of 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.

About Falcon Gold

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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.

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