Falcon Gold (CVE:FG) Trading Down 25% – Should You Sell?

by · The Cerbat Gem

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was down 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 367,039 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 953,726 shares. The stock had previously closed at C$0.02.

Falcon Gold Stock Down 25.0%

The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.01. The stock has a market cap of C$2.66 million, a PE ratio of -1.50 and a beta of 0.77.

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