Falcon Gold (CVE:FG) Trading Down 12.5% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price fell 12.5% during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04. 150,014 shares traded hands during trading, an increase of 2% from the average session volume of 146,704 shares. The stock had previously closed at C$0.04.

Falcon Gold Price Performance

The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$6.21 million, a PE ratio of -2.98 and a beta of 0.61.

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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