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Falcon Gold stock plunged 25% to C$0.02 amid low trading volume, with no explanation given.
Falcon Gold (CVE:FG) shares dropped 25% on Wednesday, hitting a low of C$0.02 and closing at that level, with trading volume plunging 74% below average.
The stock’s market cap stood at C$2.66 million, with a negative P/E ratio of -1.50 and a beta of 0.59.
The company, exploring for gold, silver, copper, base metals, and diamonds in the Americas, owns the Central Canada Gold Mine, located near Agnico Eagle’s Hammond Reef deposit.
No reason for the decline was provided.
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Las acciones de Falcon Gold se desplomaron un 25% a C $ 0.02 en medio de un bajo volumen de operaciones, sin ninguna explicación dada.