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

Falcon Gold Corp. (CVE:FGGet Free Report) dropped 20% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 192,000 shares traded hands during 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 Stock Up 25.0 %

The firm has a market capitalization of C$3.80 million, a PE ratio of -2.50 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. The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04.

About Falcon Gold

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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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