Falcon Gold (CVE:FG) Shares Down 20% – Here’s Why

by · The Markets Daily

Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) were down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded hands during trading, a decline of 8% from the average daily volume of 213,338 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Up 25.0 %

The firm has a market cap of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of 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

(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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