Falcon Gold (CVE:FG) Trading Down 12.5% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report) was down 12.5% during trading on Saturday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Stock Down 12.5 %

The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The company has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

About Falcon Gold

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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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