Falco Resources Ltd. (CVE:FPC – Get Free Report) shares fell 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 Stock Performance
The company has a market cap of C$63.03 million, a P/E ratio of -22.50 and a beta of 1.59. The stock’s 50-day moving average price is C$0.32 and its 200-day moving average price is C$0.31. The company has a debt-to-equity ratio of 71.48, a current ratio of 0.11 and a quick ratio of 0.33.
Falco Resources Company Profile
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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