Falcon Gold (CVE:FG) Stock Price Down 25% – Should You Sell?
by Scott Moore · The Cerbat GemFalcon Gold Corp. (CVE:FG – Get Free Report) shares were down 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 184,533 shares traded hands during trading, an increase of 44% from the average daily volume of 127,899 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The business’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The stock has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.77.
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.