Falcon Gold (CVE:FG) Stock Price Down 20% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price was down 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The firm has a market capitalization of C$3.04 million, a PE ratio of -2.00 and a beta of 0.61.

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.

Further Reading

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