Falcon Gold (CVE:FG) Hits New 12-Month Low – Time to Sell?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 175100 shares traded. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The firm has a market cap of C$3.80 million, a price-to-earnings ratio of -2.50 and a beta of 0.61. The firm’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91.

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.

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