Falcon Gold (CVE:FG) Reaches New 52-Week Low – Here’s Why

Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 10,860 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a debt-to-equity ratio of -4.45, a quick ratio of 0.91 and a current ratio of 0.15. The stock has a market cap of C$1.48 million, a price-to-earnings ratio of -0.63 and a beta of -0.84. The business’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

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.

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