Falcon Gold (CVE:FG) Stock Price Down 20% – What’s Next?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 192,000 shares traded hands during trading, a decline of 10% from the average session volume of 213,338 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Down 20.0 %

The firm has a market cap of C$3.04 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.04. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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.

Further Reading

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.