Falcon Gold (CVE:FG) Stock Price Down 14.3% – What’s Next?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) fell 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 451,000 shares changed hands during mid-day trading, an increase of 103% from the average session volume of 221,627 shares. The stock had previously closed at C$0.04.

Falcon Gold Price Performance

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 stock has a market capitalization of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The company has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

Falcon Gold Company Profile

(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.

Recommended Stories

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.