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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares changed hands during mid-day 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 stock has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The business has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.04. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

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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