Falco Resources Ltd. (CVE:FPC – Get Free Report) shares traded down 11.4% on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.16. 229,298 shares were traded during mid-day trading, an increase of 6% from the average session volume of 216,633 shares. The stock had previously closed at C$0.18.
Falco Resources Stock Performance
The firm’s 50 day moving average price is C$0.23 and its 200-day moving average price is C$0.31. The firm has a market cap of C$46.02 million, a price-to-earnings ratio of -10.39 and a beta of 1.59. The company has a debt-to-equity ratio of 74.85, a current ratio of 0.07 and a quick ratio of 0.33.
About Falco Resources
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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