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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares changed 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 Performance

The stock has a market cap of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. 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 stock has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04.

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.

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