Falco Resources Ltd. (CVE:FPC – Get Free Report) fell 11.4% on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.16. 664,875 shares were traded during trading, an increase of 191% from the average session volume of 228,215 shares. The stock had previously closed at C$0.18.
Falco Resources Stock Performance
The company has a debt-to-equity ratio of 74.85, a current ratio of 0.07 and a quick ratio of 0.33. The business has a 50-day moving average of C$0.23 and a 200-day moving average of C$0.31. The company has a market capitalization of C$47.50 million, a P/E ratio of -10.73 and a beta of 1.59.
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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