Falcon Gold Corp. (CVE:FG – Get Free Report) shares dropped 16.7% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares were traded during mid-day 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 company has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.03. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a market capitalization of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61.
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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