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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price fell 20% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 197,000 shares were traded 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 Performance

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

Falcon Gold Company Profile

(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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