Falcon Gold (CVE:FG) Sets New 1-Year Low – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 17000 shares trading hands. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a market capitalization of C$3.80 million, a PE 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 firm has a 50 day simple moving average of C$0.03 and a two-hundred 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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