Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 213,364 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Performance
The business has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The stock has a market capitalization of C$3.04 million, a P/E ratio of -2.00 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.
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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