Falcon Gold (CVE:FG) Sets New 1-Year Low – Here’s What Happened

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 210485 shares changing hands. The stock had previously closed at C$0.04.

Falcon Gold Trading Down 14.3%

The firm has a market cap of C$1.78 million, a P/E ratio of -0.75 and a beta of -0.47. The company has a current ratio of 0.15, a quick ratio of 0.91 and a debt-to-equity ratio of -4.45. The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03.

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. 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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