Falcon Gold (CVE:FG) Shares Down 25% – Should You Sell?

Shares of Falcon Gold Corp. (CVE:FG – Get Free Report) fell 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 changed hands during mid-day 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 Stock Performance

The stock has a market cap of C$2.66 million, a P/E ratio of -1.50 and a beta of 0.59. The firm has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01.

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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