Falcon Gold (CVE:FG) Shares Down 16.7% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price was down 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 354,000 shares were traded during mid-day trading, an increase of 184% from the average daily volume of 124,790 shares. The stock had previously closed at C$0.03.

Falcon Gold Trading Up 40.0 %

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.28. The firm has a market cap of C$5.32 million, a price-to-earnings ratio of -3.50 and a beta of 0.61. The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03.

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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