Falcon Gold (CVE:FG) Shares Down 13.3%

Falcon Gold Corp. (CVE:FG – Get Rating)’s share price fell 13.3% during trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 137,500 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 135,029 shares. The stock had previously closed at C$0.08.

Falcon Gold Stock Performance

The business has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The company has a quick ratio of 3.26, a current ratio of 3.57 and a debt-to-equity ratio of 0.41. The company has a market capitalization of C$7.32 million and a PE ratio of -6.50.

Falcon Gold Company Profile

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Falcon Gold Corp. engages in the acquisition and exploration of mineral properties in the Americas. It explores for gold, silver, and copper deposits. Its flagship project is the Central Canada Gold Mine that covers 10,392 hectares located in North Ontario. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp.

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