Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 16.7% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares traded hands during mid-day trading, an increase of 184% from the average daily volume of 124,790 shares. The stock had previously closed at C$0.03.
Falcon Gold Price Performance
The company has a market cap of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.
About Falcon Gold
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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