Falcon Gold (CVE:FG) Stock Price Down 25% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price fell 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 235,540 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 420,415 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.59. The company’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.01.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Recommended Stories

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.