Falco Resources (CVE:FPC) Shares Down 17.7% – Should You Sell?

Falco Resources Ltd. (CVE:FPCGet Free Report) shares traded down 17.7% during trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.26. 2,027,840 shares were traded during trading, an increase of 324% from the average session volume of 477,984 shares. The stock had previously closed at C$0.31.

Falco Resources Trading Down 25.8 %

The firm has a market capitalization of C$64.43 million, a P/E ratio of -23.00 and a beta of 1.59. The business’s 50 day moving average is C$0.33 and its two-hundred day moving average is C$0.31. The company has a quick ratio of 0.33, a current ratio of 0.11 and a debt-to-equity ratio of 71.48.

About Falco Resources

(Get Free Report)

Falco Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It explores for base and precious metals, as well as gold, zinc, copper, and silver deposits. The company owns mining claims and contractual rights in relation to mining concessions covering an area of approximately 70,000 hectares of land in the Rouyn-Noranda mining camp located in the Province of Québec.

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