Falco Resources (CVE:FPC) Trading Down 2.4% – What’s Next?

Falco Resources Ltd. (CVE:FPCGet Free Report)’s share price was down 2.4% during mid-day trading on Thursday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 100,157 shares were traded during trading, a decline of 55% from the average daily volume of 221,233 shares. The stock had previously closed at C$0.21.

Falco Resources Stock Performance

The company has a debt-to-equity ratio of 71.48, a current ratio of 0.11 and a quick ratio of 0.33. The firm has a market capitalization of C$56.03 million, a PE ratio of -20.00 and a beta of 1.59. The firm has a fifty day moving average price of C$0.27 and a 200 day moving average price of C$0.31.

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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