Falcon Gold (CVE:FG) Trading Down 20% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price dropped 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 changed 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 Trading Down 20.0 %

The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a market capitalization of C$3.04 million, a P/E ratio of -2.00 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91.

Falcon Gold Company Profile

(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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