Falco Resources (CVE:FPC) Trading Down 4.4% – Here’s Why

Falco Resources Ltd. (CVE:FPCGet Free Report)’s share price fell 4.4% during trading on Thursday . The company traded as low as C$0.21 and last traded at C$0.22. 90,101 shares were traded during trading, a decline of 57% from the average session volume of 211,054 shares. The stock had previously closed at C$0.23.

Falco Resources Stock Down 4.4 %

The business has a fifty day moving average of C$0.20 and a 200 day moving average of C$0.29. The company has a quick ratio of 0.33, a current ratio of 0.07 and a debt-to-equity ratio of 74.85. The firm has a market cap of C$63.83 million, a P/E ratio of -14.41 and a beta of 1.59.

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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