Falcon Gold (CVE:FG) Trading Down 16.7% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report) fell 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 354,000 shares changed hands during trading, an increase of 184% from the average session volume of 124,790 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. 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 stock has a market capitalization of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61.

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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