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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 20% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded hands during trading, a decline of 8% from the average daily volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a market cap of C$3.04 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The stock has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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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