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

Falcon Gold Corp. (CVE:FGGet Free Report) fell 20% during mid-day trading on Friday . The stock 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 stock’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.04. 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 company has a market capitalization of C$3.80 million, a P/E ratio of -2.50 and a beta of 0.61.

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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