Falcon Gold (CVE:FG) Hits New 52-Week Low – Time to Sell?

Falcon Gold Corp. (CVE:FG – Get Free Report) reached a new 52-week low during trading on Monday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 146,100 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The company has a market capitalization of C$1.78 million, a PE ratio of -0.75 and a beta of -0.84. The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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. 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.

Further Reading

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