Falcon Gold (CVE:FG) Trading Down 20% – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s share price traded down 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 526,961 shares were traded during mid-day trading, a decline of 59% from the average session volume of 1,295,106 shares. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

The company has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.01. The company has a market cap of C$3.56 million, a P/E ratio of -2.00 and a beta of 0.77.

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. The company was formerly known as Chesstown Capital Inc and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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