Falcon Gold (CVE:FG) Shares Down 12.5% – Time to Sell?

by · The Markets Daily

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price fell 12.5% during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04. 170,014 shares were traded during trading, an increase of 13% from the average session volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Performance

The company has a market capitalization of C$6.21 million, a P/E ratio of -2.98 and a beta of 0.61. The business has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.03.

Falcon Gold Company Profile

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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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