Falcon Gold (CVE:FG) Shares Down 20% – Time to Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price traded down 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 192,000 shares changed hands during trading, a decline of 10% from the average session volume of 213,338 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Down 20.0 %

The stock has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$3.04 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The company has a current ratio of 0.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

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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