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

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was 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 changed hands 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 Up 40.0 %

The company’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The firm has a market capitalization of C$5.32 million, a P/E ratio of -3.50 and a beta of 0.61. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

About Falcon Gold

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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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