Falcon Gold (CVE:FG) Stock Price Down 25% – Should You Sell?
by Danessa Lincoln · The Markets DailyShares of Falcon Gold Corp. (CVE:FG – Get Free Report) fell 25% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 203,000 shares traded hands during trading, a decline of 51% from the average session volume of 417,843 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The stock has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.01. The company has a market cap of C$3.55 million, a price-to-earnings ratio of -2.00 and a beta of 0.47.
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.
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