Falcon Gold (CVE:FG) Stock Price Down 12.5% – What’s Next?

Falcon Gold Corp. (CVE:FG)’s stock price was down 12.5% on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares changed 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 Trading Down 12.5 %

The stock has a market capitalization of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61. The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

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.