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

Falcon Gold Corp. (CVE:FGGet Free Report) was down 20% on Thursday . The company 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 Stock Up 25.0 %

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. 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 firm has a market capitalization of C$3.80 million, a PE 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.

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