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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price traded down 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 354,000 shares changed hands during 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 Up 40.0 %

The firm has a market capitalization of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The company has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

Falcon Gold Company Profile

(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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