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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) fell 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 197,000 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Down 20.0 %

The stock has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of 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. The firm has a market cap of C$3.04 million, a PE ratio of -2.00 and a beta of 0.61.

Falcon Gold Company Profile

(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.

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