Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) dropped 30% on Friday . The company traded as low as C$0.04 and last traded at C$0.04. 845,002 shares traded hands during 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 company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.30. The stock has a market capitalization of C$5.50 million, a PE ratio of -4.00 and a beta of 0.75. The business’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.04.
Falcon Gold Company Profile
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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