Falcon Gold (CVE:FG) Shares Down 25% – Time to Sell?
by Jessica Moore · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report) shares fell 25% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 184,533 shares traded hands during mid-day trading, an increase of 44% from the average session volume of 127,899 shares. The stock had previously closed at C$0.02.
Falcon Gold Stock Performance
The firm has a market capitalization of C$3.55 million, a PE 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.
About Falcon Gold
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.