Falcon Gold (CVE:FG) Trading Down 25% – Should You Sell?
by Danessa Lincoln · The Markets DailyFalcon Gold Corp. (CVE:FG – Get Free Report)’s stock price was down 25% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 628,200 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 424,941 shares. The stock had previously closed at C$0.02.
Falcon Gold Price Performance
The company has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.01. The stock has a market capitalization of C$3.55 million, a P/E ratio of -2.00 and a beta of 0.59.
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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