Falcon Gold (CVE:FG) Stock Price Down 25% – Time to Sell?
by Doug Wharley · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price fell 25% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 184,533 shares changed hands during mid-day trading, an increase of 45% from the average session volume of 127,399 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The firm’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01. The firm has a market capitalization of C$3.55 million, a PE ratio of -2.00 and a beta of 0.77.
Falcon Gold Company Profile
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.