Shares of Falcon Gold Corp. (CVE:FG – Get 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 changed 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 company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41. The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.04. The stock has a market capitalization of C$3.04 million, a price-to-earnings ratio of -2.00 and a beta of 0.61.
About Falcon Gold
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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