Falcon Gold (CVE:FG) Shares Down 20% – Time to Sell?

by · The Cerbat Gem

Falcon Gold Corp. (CVE:FG – Get Free Report) shares fell 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 526,961 shares traded hands during trading, a decline of 59% from the average session volume of 1,295,106 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Down 20.0%

The company has a market capitalization of C$3.56 million, a P/E ratio of -2.00 and a beta of 0.77. The firm’s 50-day moving average price is C$0.02 and its 200 day moving average price 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.

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