Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 16.7% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares changed hands during mid-day trading, an increase of 184% from the average daily volume of 124,790 shares. The stock had previously closed at C$0.03.
Falcon Gold Trading Down 16.7 %
The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The stock’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The firm has a market capitalization of C$3.80 million, a PE ratio of -2.50 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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