Falcon Gold (CVE:FG) Shares Down 20% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report) dropped 20% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 197,000 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.04. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The stock has a market cap of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61.

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.

Further Reading

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