Falco Resources (CVE:FPC) Shares Pass Below Fifty Day Moving Average – What’s Next?

Falco Resources Ltd. (CVE:FPCGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.20 and traded as low as C$0.17. Falco Resources shares last traded at C$0.19, with a volume of 283,140 shares traded.

Falco Resources Stock Down 5.0 %

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 firm has a 50-day moving average of C$0.20 and a 200 day moving average of C$0.28. The stock has a market capitalization of C$56.41 million, a price-to-earnings ratio of -12.74 and a beta of 1.59.

Falco Resources Company Profile

(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.

Further Reading

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