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

by · The Markets Daily

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

Falcon Gold Trading Down 12.5 %

The company has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The firm has a market capitalization of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

About Falcon Gold

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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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