Falcon Gold (CVE:FG) Trading Down 14.3% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 451,000 shares traded hands during mid-day trading, an increase of 103% from the average daily volume of 221,627 shares. The stock had previously closed at C$0.04.

Falcon Gold Price Performance

The business’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.04. The firm has a market capitalization of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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.

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