Falcon Gold (CVE:FG) Trading Down 25% – Should You Sell?
by Tristan Rich · The Markets DailyFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price fell 25% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 2,462,715 shares were traded during mid-day trading, an increase of 207% from the average session volume of 801,671 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Down 25.0%
The company’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The stock has a market cap of C$2.82 million, a price-to-earnings ratio of -1.50 and a beta of 1.14.
About Falcon Gold
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.