Falcon Gold (CVE:FG) Stock Price Down 20% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) shares fell 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 192,000 shares traded hands during trading, a decline of 10% from the average session volume of 213,450 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Down 20.0 %

The firm has a market capitalization of C$3.04 million, a PE ratio of -2.00 and a beta of 0.61. The business’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

About Falcon Gold

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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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