Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 11.1% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 163,000 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 230,879 shares. The stock had previously closed at C$0.05.
Falcon Gold Price Performance
The business’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91. The stock has a market cap of C$6.08 million, a P/E ratio of -4.50 and a beta of 0.61.
Falcon Gold Company Profile
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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