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

Falcon Gold Corp. (CVE:FGGet Free Report) shares fell 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 197,000 shares were traded during trading, a decline of 8% from the average session volume of 213,364 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The stock has a market cap of C$3.04 million, a P/E 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. The company’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.

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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