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

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

Falcon Gold Stock Down 12.5 %

The company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The company has a market capitalization of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

Falcon Gold Company Profile

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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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