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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price fell 16.7% on Tuesday . The company 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 Trading Down 16.7 %

The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. 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 stock has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61.

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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