Falcon Gold (CVE:FG) Trading Down 20% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report) shares were 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 139,000 shares were traded during trading, a decline of 35% from the average daily volume of 213,107 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The stock has a market cap of C$3.80 million, a PE ratio of -2.50 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. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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.

Further Reading

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