Falcon Gold (CVE:FG) Shares Down 12.5% – Should You Sell?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) dropped 12.5% on Saturday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares traded hands during trading, an increase of 13% from the average daily volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Performance

The firm’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The stock has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

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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