Falcon Gold (CVE:FG) Stock Price Down 12.5% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report) shares traded down 12.5% on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. 170,014 shares changed hands during 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 Trading Down 12.5 %

The firm has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of 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.

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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