Falcon Gold (CVE:FG) Shares Down 25% – Time to Sell?
by Scott Moore · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report) shares were down 25% on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 771,000 shares traded hands during mid-day trading, an increase of 99% from the average daily volume of 388,069 shares. The stock had previously closed at C$0.02.
Falcon Gold Trading Down 25.0%
The firm has a 50 day moving average of C$0.01 and a two-hundred day moving average of C$0.01. The stock has a market capitalization of C$2.66 million, a PE ratio of -1.50 and a beta of 0.47.
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.
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