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

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

Falcon Gold Trading Down 16.7 %

The company has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The company has a quick ratio of 0.91, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

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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