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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) fell 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 354,000 shares changed hands during trading, an increase of 184% from the average session volume of 124,790 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 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.

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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