Falcon Gold (CVE:FG) Shares Down 20% – Should You Sell?

by · The Cerbat Gem

Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price dropped 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 192,000 shares traded hands during trading, a decline of 10% from the average daily volume of 213,338 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The firm has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The firm has a market cap of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61.

About Falcon Gold

(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.

Featured Articles