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

Falcon Gold Corp. (CVE:FGGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 9666 shares trading hands. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The stock has a market cap of C$1.78 million, a price-to-earnings ratio of -0.75 and a beta of -0.47. The company has a debt-to-equity ratio of -4.45, a quick ratio of 0.91 and a current ratio of 0.15. The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

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.

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