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

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) were down 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares traded 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 Trading Down 16.7 %

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 stock has a market capitalization of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61. The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

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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