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

Falcon Gold Corp. (CVE:FGGet Free Report) hit a new 52-week low during mid-day 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. The stock had previously closed at C$0.03.

Falcon Gold Price Performance

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

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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