Falco Resources Ltd. (CVE:FPC – Get Free Report) shares were down 25.8% on Wednesday . The company traded as low as C$0.20 and last traded at C$0.23. Approximately 2,304,385 shares were traded during mid-day trading, an increase of 255% from the average daily volume of 649,814 shares. The stock had previously closed at C$0.31.
Falco Resources Stock Performance
The stock’s 50-day moving average is C$0.32 and its 200-day moving average is C$0.31. The firm 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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