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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) traded down 16.7% during trading on Wednesday . 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 Trading Up 40.0 %

The business’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. 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 company has a market capitalization of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61.

About Falcon Gold

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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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