Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price dropped 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded hands during 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 Performance
The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91. The stock has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The firm has a market capitalization of C$3.04 million, a PE ratio of -2.00 and a beta of 0.61.
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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