Shares of Falco Resources Ltd. (CVE:FPC – Get Free Report) were down 3% on Wednesday . The company traded as low as C$0.33 and last traded at C$0.33. Approximately 32,000 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 222,182 shares. The stock had previously closed at C$0.34.
Falco Resources Stock Down 3.0 %
The business has a fifty day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.28. The company has a current ratio of 0.10, a quick ratio of 0.33 and a debt-to-equity ratio of 74.39. The company has a market cap of C$91.03 million, a PE ratio of -16.25 and a beta of 1.61.
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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