Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) fell 20% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 197,000 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 213,364 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Performance
The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 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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