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

Falcon Gold Corp. (CVE:FGGet Free Report) traded down 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 354,000 shares were traded during mid-day 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 Price Performance

The company has a market cap of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. 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

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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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