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

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded down 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 451,000 shares traded 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 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$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04.

Falcon Gold Company Profile

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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.

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