Falcon Gold (CVE:FG) Trading Down 16.7% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price dropped 16.7% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares were traded during trading, an increase of 184% from the average daily volume of 124,790 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The firm has a market capitalization of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61.

About Falcon Gold

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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.

Further Reading

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