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

by · The Markets Daily

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

Falcon Gold Trading Down 25.0%

The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The stock has a market cap of C$2.66 million, a price-to-earnings 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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