Falco Resources (CVE:FPC) Trading Down 25.8% – What’s Next?

Falco Resources Ltd. (CVE:FPCGet Free Report)’s stock price traded down 25.8% on Tuesday . The company traded as low as C$0.20 and last traded at C$0.23. 2,286,385 shares traded hands during trading, an increase of 257% from the average session volume of 639,853 shares. The stock had previously closed at C$0.31.

Falco Resources Trading Up 4.7 %

The company has a debt-to-equity ratio of 71.48, a quick ratio of 0.33 and a current ratio of 0.11. The company has a market capitalization of C$63.03 million, a price-to-earnings ratio of -22.50 and a beta of 1.59. The firm has a fifty day moving average price of C$0.32 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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