Falcon Gold (CVE:FG) Shares Down 20% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) was down 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 192,000 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 213,338 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Down 20.0 %

The company 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 debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. 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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