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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 20% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 197,000 shares changed 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 Trading Up 25.0 %

The firm has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The firm’s 50-day moving average is C$0.03 and its 200-day moving average is 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.

Further Reading

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