Falcon Gold (CVE:FG) Trading Down 14.3%

Shares of Falcon Gold Corp (CVE:FG) were down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, approximately 164,000 shares were traded during trading. A decline of 10% from the average daily volume of 181,795 shares. The stock had previously closed at C$0.04.

The company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.03. The company has a current ratio of 0.13, a quick ratio of 0.09 and a debt-to-equity ratio of 0.41. The firm has a market cap of $2.00 million and a PE ratio of -0.65.

About Falcon Gold (CVE:FG)

Falcon Gold Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in the Americas. Its projects include the Central Canada cobalt, copper, and gold project; the Coomer Lake vanadium-titanium project; the Wabunk cobalt and copper project; and the Burton gold property located in Northern Ontario, Canada.

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