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

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

Falcon Gold Stock Down 12.5 %

The stock has a market cap of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61. The company’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is 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.