Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) were 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 changed hands during mid-day 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 Stock Performance
The stock has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The company has a market cap of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61.
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.
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