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

Falcon Gold Corp. (CVE:FGGet Free Report) shares were down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 192,000 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 213,450 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Up 25.0 %

The firm has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.04. 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 debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

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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