Falcon Gold (CVE:FG) Stock Price Down 20% – Here’s Why

Falcon Gold Corp. (CVE:FGGet Free Report) shares fell 20% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 192,000 shares traded hands during trading, a decline of 10% from the average session volume of 213,338 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Up 25.0 %

The stock has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. 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 firm has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.04.

About Falcon Gold

(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.

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