Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 16.7% 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 Price Performance
The stock 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 debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is 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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