Falcon Gold (CVE:FG) Sets New 12-Month Low – Should You Sell?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price reached 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 17000 shares changing hands. The stock had previously closed at C$0.03.

Falcon Gold Stock Performance

The stock’s 50-day simple moving average is C$0.03 and its 200-day simple 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 firm has a market capitalization of C$3.80 million, a PE ratio of -2.50 and a beta of 0.61.

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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