Falcon Gold (CVE:FG) Sets New 12-Month Low – Here’s What Happened

Falcon Gold Corp. (CVE:FG – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 36272 shares trading hands. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The business 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 quick ratio of 0.91, a current ratio of 0.15 and a debt-to-equity ratio of -4.45. The firm has a market capitalization of C$1.48 million, a price-to-earnings ratio of -0.63 and a beta of -0.84.

Falcon Gold Company Profile

(Get Free Report)

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Further Reading

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