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

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price fell 20% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 139,000 shares were traded during mid-day trading, a decline of 35% from the average session volume of 213,107 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41. The company has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61.

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.

Further Reading

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