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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 16.7% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 354,000 shares traded hands during mid-day 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 Stock Performance

The company has a market capitalization of C$5.32 million, a PE ratio of -3.50 and a beta of 0.61. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

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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