Falcon Gold Corp. (CVE:FG – Get Free Report) shares fell 30% during mid-day trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. 845,002 shares traded hands during mid-day trading, an increase of 268% from the average session volume of 229,524 shares. The stock had previously closed at C$0.05.
Falcon Gold Price Performance
The firm’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.30 and a quick ratio of 0.91. The stock has a market cap of C$5.50 million, a PE ratio of -4.00 and a beta of 0.75.
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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