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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 197,000 shares traded hands during trading, a decline of 8% from the average session volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Up 25.0 %

The stock has a market cap of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

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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