Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price dropped 16.7% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares changed hands during trading, an increase of 184% from the average daily volume of 124,790 shares. The stock had previously closed at C$0.03.
Falcon Gold Stock Performance
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. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41. The company has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.
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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