Shares of Falco Resources Ltd. (CVE:FPC – Get Free Report) fell 25.8% during trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.23. 2,304,385 shares were traded during mid-day trading, an increase of 255% from the average session volume of 649,814 shares. The stock had previously closed at C$0.31.
Falco Resources Trading Up 2.3 %
The business’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.31. The company has a market capitalization of C$61.63 million, a price-to-earnings ratio of -22.00 and a beta of 1.59. The company has a current ratio of 0.11, a quick ratio of 0.33 and a debt-to-equity ratio of 71.48.
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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