Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 213,338 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Down 20.0 %
The company has a market cap of C$3.04 million, a PE ratio of -2.00 and a beta of 0.61. The business’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91.
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.
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