Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 12.5% on Friday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares were traded 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 company’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.
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.
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