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

Falcon Gold Corp. (CVE:FG) traded down 14.3% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 396,686 shares changed hands during mid-day trading, an increase of 132% from the average session volume of 170,688 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Down 14.3%

The firm has a market capitalization of C$1.78 million, a PE ratio of -0.50 and a beta of 0.28. The business’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.