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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 20% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded 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 Down 20.0 %

The firm has a market capitalization of C$3.04 million, a PE ratio of -2.00 and a beta of 0.61. 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 firm has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.04.

Falcon Gold Company Profile

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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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