Falcon Gold (CVE:FG) Trading Down 25% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price dropped 25% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 610,000 shares changed hands during mid-day trading, an increase of 59% from the average daily volume of 383,589 shares. The stock had previously closed at C$0.02.

Falcon Gold Price Performance

The company’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The stock has a market cap of C$2.66 million, a price-to-earnings ratio of -1.50 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

Receive News & Ratings for Falcon Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Gold and related companies with MarketBeat.com's FREE daily email newsletter.