Falcon Gold (CVE:FG) Trading Down 16.7% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report) shares were down 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares were traded during 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 Stock Performance

The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The firm has a market capitalization of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28.

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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