Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares were traded 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 Price Performance
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 capitalization of C$3.04 million, a P/E ratio of -2.00 and a beta of 0.61. The stock has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.04.
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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