Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 20% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 213,364 shares. The stock had previously closed at C$0.03.
Falcon Gold Trading Up 25.0 %
The stock has a market capitalization of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. The company’s 50 day moving average price is C$0.03 and its two-hundred 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.
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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