Falcon Gold (CVE:FG) Shares Down 12.5%

Shares of Falcon Gold Corp (CVE:FG) dropped 12.5% during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, approximately 132,000 shares traded hands during trading. A decline of 13% from the average daily volume of 151,874 shares. The stock had previously closed at C$0.04.

The company has a market capitalization of $1.14 million and a price-to-earnings ratio of -2.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.03 and a current ratio of 0.10. The firm has a fifty day moving average price of C$0.03.

About Falcon Gold (CVE:FG)

Falcon Gold Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in the Americas. Its projects include the Central Canada cobalt, copper, and gold project; the Coomer Lake vanadium-titanium project; the Wabunk cobalt and copper project; and the Burton gold property located in Northern Ontario, Canada.

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