Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price dropped 20% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 213,364 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Down 20.0 %
The stock has a market capitalization of C$3.04 million, a P/E ratio of -2.00 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 firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.04.
About Falcon Gold
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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