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

Falcon Gold Corp. (CVE:FGGet Free Report) traded down 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 197,000 shares changed hands during 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 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 market capitalization of C$3.04 million, a P/E ratio of -2.00 and a beta of 0.61. The stock has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.04.

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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