Falcon Gold (CVE:FG) Shares Down 20% – Here’s What Happened

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 197,000 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The stock 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 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 fifty day simple moving average of C$0.03 and a 200-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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