Falcon Gold (CVE:FG) Shares Down 25% – Time to Sell?

Falcon Gold Corp. (CVE:FG – Get Free Report)’s share price dropped 25% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 4,422,371 shares were traded during trading, an increase of 183% from the average daily volume of 1,564,390 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The stock’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.01. The firm has a market capitalization of C$2.66 million, a price-to-earnings ratio of -1.50 and a beta of 0.77.

About Falcon Gold

(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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