Falcon Gold (CVE:FG) Shares Down 20% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price traded down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 197,000 shares were traded during mid-day trading, a decline of 8% from the average session volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Up 25.0 %

The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The stock has a market cap of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

Falcon Gold Company Profile

(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.

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