Falcon Gold (CVE:FG) Sets New 1-Year Low – Here’s Why

Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price hit a new 52-week low on Friday. The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 8,100 shares trading hands. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The firm has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a market capitalization of C$1.48 million, a P/E ratio of -0.83 and a beta of -0.25.

About Falcon Gold

(Get Free Report)

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.

Further Reading

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