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

Falcon Gold Corp. (CVE:FG – Get Free Report) shares were down 25% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 235,540 shares were traded during trading, a decline of 44% from the average daily volume of 420,415 shares. The stock had previously closed at C$0.02.

Falcon Gold Trading Down 25.0%

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 cap of C$2.66 million, a PE ratio of -1.50 and a beta of 0.59.

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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