Falcon Gold (CVE:FG) Stock Price Down 14.3% – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report) shares were down 14.3% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 130,000 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 138,959 shares. The stock had previously closed at C$0.04.

Falcon Gold Price Performance

The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is 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.

Falcon Gold Company Profile

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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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